Islamic Finance By Yousuf Ibnul Hasan

I have had a long and successful career in diverse fields, from hospitality, banking, international finance to training & education. My focus now is on what has been the spotlight of my decade long research: Islamic Economics and Finance. It is my belief that Islamic Economics and Finance provide a very potent and necessary route towards which sooner or later the world must turn. This belief springs not only from religious conviction, but also from the sheer practicality of the system as a whole. My research has shown that the financial system currently known as “Islamic” faces serious shortcomings, making it no more acceptable to the general public than the „conventional‟ system. On the contrary, it is because of the impropriety of the current Islamic banking system that it has failed to really make a difference. The scope of my future accomplishments now lies in developing a set of „corrective actions’ for the current Islamic financial system so that the people could actuall...