Recommended Reading: The Best Books on Islamic Finance (Video)

A frequent question on the minds of those interested in learning about Islamic finance is, "What's the best book that I should read?" To answer this question, I spoke with Rodney Wilson, a professor at the University of Durham and a well-known commentator on Islamic finance. His office seemed to have every known title on Islamic finance nicely stacked into his book shelves.

The video interview covers the books that Wilson recommends, and for your convenience, I have also provided a list of these books below:

• Takaful Islamic Insurance: Concepts and Regulatory Issues: Covers the fundamentals of takaful and how it differs from conventional forms of insurance.
• Islamic Economics: A Short History: A historical perspective on principles underlying Islamic finance.
• Islamic Finance: Law, Economics, and Practice: A relatively recent and critical study of modern Islamic finance practice.
• Handbook of Islamic Banking: A practical book that covers a wide range of areas in Islamic finance.
• The Politics of Islamic Finance: A guide to politics of Islamic finance that includes country case studies of Sudan, Kuwait, Jordan, Turkey, Tunisia, and Egypt.
• Islamic Wealth Management: A Catalyst for Global Change and Innovation: Covers fund management and wider asset management issues faced by Islamic finance professionals.
• Islamic Investment Banking: Emerging Trends, Developments and Opportunities: A definitive study of Islamic investment banking by Islamic finance professionals.
• Islamic Banking and Finance in the European Union: A Challenge: Reviews the challenges posed by Islamic finance in the European Union and the responses of different countries in the union.
• Islam and the Moral Economy: The Challenge of Capitalism: Positions Islamic finance in relation to the capitalist system.
• Islamic Finance: Principles and Practice: A useful and relatively compact introductory text.
• Islamic Law and Finance: Religion, Risk, and Return: A classic that looks at Islamic finance from the point of view of Shariah and secular law.
• Islamic Finance in the Global Economy: A self-contained textbook on Islamic finance from a political economy perspective.

If there are other books in Islamic finance that you have found useful, please share their titles using the comments section below.

Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.