This
volume is related to the part of modern banking known as the guarantee and commitment business. Wakalah( agency), kafalah ( surety), rahan ( collateral), and takaful (insurance) are integral elements of this business, and are therefore closely interrelated subjects. The contents of this volume should prove invaluable Islamic law are implemented and practiced (or adapted for implementation and practice) by Islamic financial institutions in the modern marketplace.
These three volumes provide a much-needed reference to Islamic
banks, lawyers, accounts, researchers, academics, business
organizations and all others interested in Islamic finance.
