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  • August 1999 (Revised February 2000)
  • Background Note
  • HBS Case Collection

Introduction to Islamic Finance, An

By: Benjamin C. Esty, Fuaad Qureshi and Mathew M Millett
  • Format:Print
  • | Pages:13
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Abstract

Provides a basic introduction to the principles of Islamic finance. Examines the religious background and legal foundations of Islamic finance. Also discusses the development of Islamic financial institutions and the financial instruments they use. Concludes with a discussion of recent developments and future challenges for this growing segment of the global financial system.

Keywords

Financial Institutions; Financial Instruments; Globalization; Growth and Development; Lawfulness; Problems and Challenges; Religion; Financial Services Industry

Citation

Esty, Benjamin C., Fuaad Qureshi, and Mathew M Millett. "Introduction to Islamic Finance, An." Harvard Business School Background Note 200-002, August 1999. (Revised February 2000.)
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About The Author

Benjamin C. Esty

Finance
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More from the Authors
  • Tempur Sealy International (A, B & C) By: Benjamin C. Esty and Daniel Fisher
  • MTN: Unlocking Value While Driving Socioeconomic Progress By: Benjamin C. Esty, Pippa Tubman Armerding and Dilyana Karadzhova Botha
  • SpartanNash Company: The Amazon Warrants (A) By: Benjamin C. Esty, E. Scott Mayfield and Daniel Fisher
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