Islamic Finance in Europe

"Highlighting the impact of current globalization on financial markets, this topical book challenges the universality of Western property rights and interprets Islamic finance in Europe as part of a plural financial system, where different conceptions of economic justice(s) co-exist and influence each other. The contributing authors study issues of economic development and social integration from an Islamic perspective and outline the European approach to accommodating Islamic finance, with particular regard to the peculiarities of individual nation-states. Set in this context, the volume puts forward financial pluralism as a device to enhance a level playing field in the global marketplace, as well as to foster a plural open society." -- Back cover.