Book Chapter

Theoretical, practical vis-a-vis legal development in Islamic banking: a case of Pakistan

Hussain Mohi-Ud-Din Qadri

The growth of Islamic finance and banking: innovation, governance and risk mitigation | Routledge | Published : 2020

Abstract

A system sought by any society is an organic manifestation of its members’ beliefs and perception on and of life, its purpose and their role in this world. Thus, the social system can never be separated from its doctrinal roots. The term “system” incorporates a set of relations, subsystems, beliefs and institutions activated in the life of people, as well as the activities, policies and laws that underline their governance.

University of Melbourne Researchers