Islamic Accounting and Finance: A Handbook

Islamic finance is one of the fastest-growing sectors. The path of Islamic finance growth has massively increased, driven by its importance and ease of accessing Islamic services. Across the world, and in particular the Middle East and North Africa (MENA) and Gulf Cooperation Council (GCC) regions, the dual finance system, where Islamic finance coexists along with conventional finance, is allowed to be implemented. The growth of Islamic finance is motivated by the huge demand for Shari'a compliance products, and it is expanding not only in the Muslim's countries, but also worldwide, therefore making it a global industry.This book is a collection of high-quality scrupulously-gathered chapters from researchers worldwide that examine the role of Islamic finance in companies' economies and prospects. It discusses the Islamic finance literature from both theoretical and empirical perspectives. The theoretical section of the book consists of a compilation of chapters, theoretical and conceptual, that enables readers to critically evaluate and expand the broader areas of accounting and finance knowledge. The empirical section of the book is dedicated to empirical studies, which consists of chapters that offer empirical evidence that discuss and interpret the findings and how they contribute to society and regulators by providing appropriate practical implications.The book covers Islamic finance from different perspectives, such as: