Guest Editor

Islamic finance is part of the global financial system today. Irrespective of the faith convictions, jurisdictions are adopting it. Major financial markets of the world have reaped the benefit of it and legal, regulatory and tax frameworks of jurisdictions are being adapted to accommodate it. Islamic finance has gained popularity because it has the potential to eliminate poverty while sharing prosperity via equitable finance principles based on ethical values which are derived from Shariah, the fundamental norm of Islamic finance.