Islamic Finance in Europe: A Cross Analysis of 10 European Countries

Information about Islamic finance in European countries is usually provided by professional-style reports, offering practical data on implementation of standardized products. However, precise developments about material legal provisions applicable to contracts and their actual legal regime are not often detailed. In order to fill this gap, 15 researchers from across Europe contributed to this project. They describe the state of actual Islamic finance in 10 European countries, as well as applicable EU law. By combining legal analysis with statistical description of existing practices and social demand, this book provides an exhaustive account of the current potential of Islamic finance in Europe.

About the Author

Mohyedine Hajjar is an expert in Islamic finance specialized in training and consulting. His interventions focus on governance, ethical control, and the dual compatibility between Islamic finance operations and civil law. His research focuses on a comparative conceptualization of fundamental theories between civil law and Islamic law. He is currently teaching Islamic Law at Paris VIII University and Catholic Institute of Paris, France. He is also an associate researcher in Islamic Finance at CEFN at Paris I University (Panthéon-Sorbonne), France. He is an author of many articles on Islamic finance.  He published a book on Islamic mutual funds and has submitted two books on Islamic investment norms and foundations of Islamic law. He is also a translator and has submitted two translated books to be edited.