Natalie Schoon

This book explains the principles of Islamic banking and finance. It then provides a guide to Islamic finance products such as istisna'a, murabaha,musharaka, mudaraba, ijara, sukuk and salam, so that the reader can understand the key concepts and main vocabulary of Islamic finance.

The main question the book addresses is whether it is possible to determine the value of banks in general and Islamic banks in particular using generally available valuation models. But does this still hold in the current uncertain times?

 This book provides a theoretical model for bank valuation, but also highlights the challenges in times of economic uncertainty. It consists of two parts: the first part outlines a theoretical model for bank valuation, and the second part looks into associated subjects such as behavioural aspects, responses to crisis and the prohibition of interest.