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The Regulation of Islamic Financial Institutions (IFIs) and Ethical Oversight in South Asia

January 5, 2026 by KatzDDL

The Regulation of Islamic Financial Institutions (IFIs) and Ethical Oversight in South Asia | 3.52 MB

Title: The Regulation of Islamic Financial Institutions (IFIs) and Ethical Oversight in South Asia
Author: A. H. M. Ershad Uddin
Category: Nonfiction, Reference & Language, Law, Business, Religion & Spirituality, Middle East Religions, Islam, Business & Finance, Finance & Investing, Finance
Language: English | 272 Pages | ISBN: 9783032098283

Description:
This book offers a comprehensive examination of Islamic finance as a legal-ethical system rooted in Sharīʿah, highlighting its regulatory, ethical, and institutional dimensions. It critiques prevailing models of Islamic banking for prioritizing technical compliance over justice, accountability, and public welfare, and advances a maqāṣid-driven vision of regulation. Drawing on comparative case studies from Pakistan, Bangladesh, India, Afghanistan, Sri Lanka, and the Maldives, the book identifies regional challenges while showcasing innovative practices. It introduces the concept of ḥisbah-based oversight and proposes a South Asian Ethical Finance Council as a framework for aligning financial institutions with Islamic legal and ethical standards. Bridging theory and practice, the study integrates insights from Islamic law, finance, and governance to address pressing regulatory and ethical questions. It is an essential resource for scholars, policymakers, and practitioners of Islamic finance, financial regulation, and comparative law.

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Filed Under: EBooks Tagged With: Financial, IFIs, Institutions, Islamic, Regulation

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