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By Rudolph Peters
Publisher: Cambridge University Press
Pages: 232, Date: 2006-03-27
ISBN-10 / ASIN: 0521796709

Description:
In recent years some of the more fundamentalist regimes in the developing world (such as those of Iran, Pakistan, Sudan and the northern states of Nigeria) have reintroduced Islamic law in place of western criminal codes. Rudolph Peters presents a detailed account of the classical doctrine and traces the enforcement of criminal law from the Ottoman period to the present day.

Accounts of actual cases, ranging from theft and banditry to murder, fornication and apostasy, shed light on the complexities of the law, and the sensitivity and intelligence of the qadis who implemented it.

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Crime and Punishment in Islamic Law: Theory and Practice from the Sixteenth to the Twenty-First Century

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By M. Fahim Khan, Mario Porzio
Publisher: Edward Elgar Pub
Pages: 241, Date: 2010-04
ISBN-10 : 1849800170, PDF 2.2 MB's Full

Description:
`As an introduction to the complex issue of harmonization of legal and regulatory structure of the European financial system and Islamic finance, this is a useful and welcome volume. The ideas, insights and practical issues addressed in the informed papers that compose the book should be valuable for academics and students of finance, and to those who provide legal and financial services.

The book will be helpful also to European regulators who have yet to appreciate the importance of Islamic finance and its potential contribution to financial globalization as well as to European economic growth.'
- Abbas Mirakhor, Former Executive Director, IMF, US

This timely book examines the authorization of Shari'ah-compliant intermediaries as either credit institutions or as investment companies in the European Union.

The contributing authors explore the key topics of this area through differing yet parallel perspectives - for example, comparing economic and legal standpoints, looking at both European and national levels and considering both academic and technical approaches. The book discusses the common origin of Islamic and Western traditions in commercial and banking transactions, reviewing a period in which the Italian merchants and their organizations drove the rebirth of post-medieval society in trade and law.

The editors investigate whether the Islamic banking and financial model complies with the European framework, spelling out the different experiences in single Member States (Germany, France, Italy, and the United Kingdom). Notwithstanding the obstacles to being authorized as domestic credit institutions, they conclude that the access of Islamic intermediaries is suitable and may have positive effects on European integration, as well as increasing the competition among the stand-still operators and evoking the ethical dimension of banking and finance. The book also highlights how Islamic banking would make the industry more inclusive.

This multidisciplinary book will appeal greatly to economics and legal scholars with an interest in European and international banking and financial law, as well as postgraduate students in international law and banking law. Practitioners and regulators will also find this book an invaluable resource.

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Islamic Banking and Finance in the European Union: A Challenge (Studies in Islamic Finance, Accounting and Governance)

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