TY - BOOK AU - Housby,Elaine TI - Islamic Financial Services in the United Kingdom T2 - Edinburgh Guides to Islamic Finance : EGIF SN - 9780748639977 AV - HG186.G7 H68 2011eb PY - 2022///] CY - Edinburgh : PB - Edinburgh University Press, KW - Banks and banking KW - Great Britain KW - Islamic countries KW - Religious aspects KW - Islam KW - Conflict of laws KW - Finance (Islamic law) KW - Financial services industry KW - Islamic law KW - Islamic Studies KW - BUSINESS & ECONOMICS / Accounting / Financial KW - bisacsh N1 - Frontmatter --; CONTENTS --; FOREWORD --; CHAPTER 1 INTRODUCTION --; CHAPTER 2 HISTORY OF ISLAMIC FINANCIAL SERVICES IN THE UNITED KINGDOM --; CHAPTER 3 PERSONAL ACCOUNTS --; CHAPTER 4 PERSONAL FINANCE --; CHAPTER 5 HOME FINANCE --; CHAPTER 6 TAKAFUL --; CHAPTER 7 INVESTMENTS AND WEALTH MANAGEMENT --; CHAPTER 8 SUKUK --; CHAPTER 9 BUSINESS FINANCE --; CONCLUSION --; GLOSSARY AND ABBREVIATIONS --; INDEX; restricted access N2 - This is the first book-length study of Islamic financial services in the United Kingdom. It describes the ways in which British examples of Islamic financial provision illustrate both the main characteristics of Islamic financial teaching and some key issues in the situation of British Muslims. Coverage of the subject is comprehensive: there are chapters on the history of Islamic finance in the UK and on personal accounts, home purchase finance, the equivalents of personal loans and insurance, investment, commercial funding and the relatively new bond-like instruments of sukuk.The author's approach is broadly sympathetic to the general spirit and aims of the Islamic financial tradition but critical of some of its manifestations in practice.The book is especially topical at present, following the crisis in the UK banking industry and the unprecedented level of public debate about the appropriate aims and techniques of the financial markets. Some commentators have recently expressed disappointment that Islamic finance in the UK has failed to live up to the high expectations surrounding it. This book attempts to give a balanced account of the sector's strengths and weaknesses UR - https://doi.org/10.1515/9780748644872 UR - https://www.degruyter.com/isbn/9780748644872 UR - https://www.degruyter.com/document/cover/isbn/9780748644872/original ER -