Foreword ix
Preface xiii
Introduction 1
Daud Vicary Abdullah, President and Chief Executive Officer, INCEIF—The Global University of Islamic Finance Mohd-Pisal Zainal, Director of Research and Publication, INCEIF—The Global University of Islamic Finance
CHAPTER 1 Australia 11
Michael T. Skully, Professor of Banking, Department of Banking and Finance, Monash University
CHAPTER 2 Bahrain 23
Hatim El-Tahir, Director, Islamic Finance Group, Deloitte & Touche (Middle East)
CHAPTER 3 Bangladesh 43
Mohammad Abdul Mannan, Managing Director and Chief Executive Officer, Islami Bank Bangladesh Limited
CHAPTER 4 Brunei 59
Muhd Jamil Abas bin Abdul ’Ali, Legal Advisor, Abrahams, Davidson & Co. Tan Thiam Swee, Partner, Abrahams, Davidson & Co. Lee Yun Chin, Partner, Lee & Raman
CHAPTER 5 Canada 77
Jeffrey Graham, Partner, Borden Ladner Gervais LLP
CHAPTER 6 China 93
Wang Yongbao Ahmed Musa, Associate Professor, Xi’an International Studies University
CHAPTER 7 Egypt 119
Walid S. Hegazy, Managing Partner, Hegazy & Associates in association with Crowell & Moring Hussein M. Azmy, Associate, Hegazy & Associates in association with Crowell & Moring
CHAPTER 8 Hong Kong 129
Anthony Chan, Chief Executive Officer, New Line Capital Investment, Ltd. Jess Lee, Legal and Project Development Manager, New Line Capital Investment, Ltd.
CHAPTER 9 India 141
H. Jayesh, Founder and Partner, Juris Corp
CHAPTER 10 Indonesia 155
Rifki Ismal, Assistant Director, Islamic Banking, Bank Indonesia
CHAPTER 11 Iran 175
Farhad Nili, Director, Monetary and Banking Research Institute, Central Bank of Iran
CHAPTER 12 Japan 213
Etsuaki Yoshida, Adjunct Research Fellow, Center for Finance Research and Waseda Graduate School of Finance, Accounting and Law, Waseda University
CHAPTER 13 Jordan 227
Khawla Al Nobani, Specialist in Islamic Financial Advisory Services
CHAPTER 14 Kazakhstan 239
Yerlan Alimzhanuly Baidaulet, Member of Executive Directors Board, Islamic Development Bank Group
CHAPTER 15 Kenya 251
Rahma Hersi, Director and Founder, Awal Consulting Limited
CHAPTER 16 Kuwait 261
Issam Al Tawari, Chairman and Managing Director, Rasameel Structured Finance Company
CHAPTER 17 Luxembourg 287
Bishr Shiblaq, Head, Dubai Representative Office, Arendt & Medernach Florence Stainier, Partner, Arendt & Medernach
CHAPTER 18 Malaysia 303
Wan Abdul Rahim Kamil, Consultant, Islamic Capital Market, Securities Commission Malaysia
CHAPTER 19 Maldives 337
Aishath Muneeza, Deputy Minister, Ministry of Islamic Affairs, Maldives
CHAPTER 20 Nigeria 355
Auwalu Ado, Internal Shari’ah Auditor, Jaiz Bank
CHAPTER 21 Oman 369
Azmat Rafique, Head, Islamic Banking, Al Yusr Arab Bank
CHAPTER 22 Pakistan 385
Mohammad Shoaib, CFA, Chief Executive, Al Meezan Investment Management Limited
CHAPTER 23 Qatar 413
Steve Troop, Advisor to the Chairman and Board of Directors, Barwa Bank
CHAPTER 24 Saudi Arabia 421
Nabil Issa, Partner, King & Spalding James Stull, Senior Associate, King & Spalding
CHAPTER 25 Singapore 433
Lee Ka Sing, Head, Debt Capital Markets, Maybank Kim Eng Securities Pte. Ltd. Ian Yeo Tian Chiang, Senior Associate, Debt Capital Markets, Maybank Kim Eng Securities Pte. Ltd.
CHAPTER 26 South Africa 443
Amman Muhammad, Chief Executive Officer, Islamic Banking Division, First National Bank
CHAPTER 27 Sri Lanka 461
Reyaz Mihular, Managing Partner, KPMG
CHAPTER 28 Tanzania 477
Uwaiz Jassat, Acting Head, Absa Islamic Banking, and Head, Absa Takaful
CHAPTER 29 Thailand 485
S. M. Aamir Shamim, Senior Vice President and IB Specialist, Treasury and Investment Group, Islamic Bank of Thailand
CHAPTER 30 Turkey 505
Eser Sagar, Expert, Capital Markets Board of Turkey Atila Yanpar, Expert, Capital Markets Board of Turkey
CHAPTER 31 United Arab Emirates 521
Shaikh Dr. Hussain Hamed Hassan, Chairman, Sharia Board, Dubai Islamic Bank, Managing Director, Dar Al Sharia Legal & Financial Consultancy
CHAPTER 32 United Kingdom 533
Fara Mohammad, Legal Consultant
CHAPTER 33 United States 547
Andrew M. Metcalf, Partner, Middle East and Islamic Finance Practice Group, King & Spalding Isam Salah, Senior Partner and Global Head, Middle East and Islamic Finance Practice Group, King & Spalding
About the Editors 559
List of Contributors 561
Index 563
