Islamic Finance in Western Higher Education: Developments and Prospects

01 02 The recent international financial turbulences have been severe and far reaching in their magnitude and consequences. Neither any country nor any sector seems to have been spared from their effects. The higher education sector is not an exception; particularly the programs offered in business and finance. Many academics, practitioners and others have started questioning the content of the programs and their impact on the learners. Ethics, values and responsibility are coming out as factors that cannot be surpassed. Thus, current and future programs ought not to ignore such factors. Within this heated context, Islamic finance education has gained momentum. This phenomenon has been depicted by Western higher learning institutions as an opportunity that could enhance its competitiveness. Consequently, many renowned Universities and business Schools started offering streams at their existing programs or even establishing fully-fledged Islamic Finance ones. This book sheds light on this development through actual cases written by lecturers and researchers who played an important role in the Islamic finance in western higher education. 04 02 List of Figures List of Tables Foreword: Volkner Nienhaus Preface: Celia de Anca Editors' Notes and Acknowledgements About the editors About the Contributors List of Abbreviations Glossary of Selected Arabic Terms Introduction PART I: ISLAMIC FINANCE IN HIGHER EDUCATION: CARTOGRAPHY Research in Islamic Economics and Finance: A state of art and agenda for academic co-operation. Islamic Finance Higher Education at a Glance: a Global Picture. Islamic Finance Education in a Complex World. Islamic Finance Higher Education in the UK. Islamic Finance Education in France: An Unexpected Surge. Islamic Finance in Italy-University of Rome. Islamic Finance Education at the Top Ten Business Schools. PART II: ISLAMIC FINANCE HIGHER EDUCATION IN THE WEST: CASES AND EXPERIMENTS Islamic Finance at Henley Business School, Reading University. Islamic Finance Education in Australia: the Case of La Trobe University Islamic Finance in Reims Management School. Islamic Finance at Newcastle University. Islamic Finance at Bangor University. Islamic Finance in the Markfield Institution of Higher Education. Islamic Finance at Strasbourg University. Islamic Finance at University of Leuven. Islamic Finance at Liverpool Hope University. PART III: ISLAMIC FINANCE HIGHER EDUCATION IN THE WEST: RESEARCH AND OTHER INITIATIVES Islamic Finance Project at