Tarek Diwany has been working in the Islamic Finance arena for the best part of two decades and is a keen advocate of authentic Islamic Finance principles and practice. He has authored a number of book on the subject of interest and finance and has most recently written 'Islamic Finance: What it is and what is could be'.
Not content with the direction 'mainstream' Islamic Finance has taken over the last 25 years Tarek Diwany explains the motivation behind writing the book and his hopes and fears for the future of the industry in general.
Excerpt 'The content of the book encompasses views both for and against the current direction of the Islamic banking and finance industry and suggests a number of basic reforms at the institutional and contractual levels. Traditional and contemporary interpretations of Islam are contrasted, along with differences of opinion among the various schools of thought, so that the reader can better understand current discourse among scholars of Shariah.'