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Enterprise and Society Advance Access originally published online on January 4, 2006
Enterprise and Society 2006 7(1):183-185; doi:10.1093/es/khj015
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Published by Oxford University Press 2006.

Clement M. Henry and Rodney Wilson, eds. The Politics of Islamic Finance. Edinburgh: Edinburgh University Press, 2004. vi + 307 pp. ISBN 0-7486-1837-6, $30.00 (paper).

The first 10% of the full text of this article appears below.

Clement Henry and Rodney Wilson have assembled twelve essays about Islamic finance—six about thematic issues and six about case studies of Sudan, Kuwait, Jordan, Turkey, Tunisia, and Egypt—plus an introduction and conclusion.

Henry and Wilson’s introductory chapter is an excellent summary of the phenomenon of Islamic banks, including their origins, size, and banking practices. The banks largely date from the mid-1970s. Purist Islamic economists thought Islamic banking should be based on profit sharing, in which the depositor’s funds are . . . [Full Text of this Article]

Patrick Clawson

The Washington Institute for Near East Policy


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