Developments in Islamic Finance

Syed Aun R. Rizvi, PhD, is currently an Assistant Professor at Lahore University Management Sciences (LUMS), Pakistan. He is also a Research Affilate Centre for Islamic Business and Finance Research at University of Nottingham Malaysian campus. He was previously a Buy Side Equity Trader before moving to academia.Irum Saba is an Assistant Professor at the Centre for Excellence in Islamic Finance (CEIF)-IBA, Pakistan. Ms. Saba has more than 12 years of progressive regulatory, research, training and teaching experience with organizations of international repute. She is the Shariah Board member of Addengreens, UAE. She is also the Honorary Secretary of the Chartered Institute of Islamic Finance Professionals (CIIF), Malaysia.

• Chapter 1: Islamic Finance – Local and Global Status.- Chapter 2: Sukuk for the financing of Non-Revenue Water Management: Malaysia as a Case Study.- Chapter 3: Role of Takaful in Raising Higher Education Enrolment in Pakistan.- Chapter 4: Ṣukūk Default and Issues in Their Resolution: The Case of Villamar Ṣukūk.- Chapter 5: Towards a Robust Shariah Screening Criterion for Stocks.- Chapter 6: Introducing Islamic Finance in Unchartered Economies: The case of Canada.- Chapter 7: Islamic Finance, in a the age of Black Swans and Complexities, for a Multipolar World.