Article Abstract

	Title:	Role of Islamic mortgage in UK
	Author:	Omar Masood, Jamel E. Chichti, Walid Mansour, Qazi Awais Amin
	Address:	Business School, University of East London, Docklands Campus, University Way, E16 2RD, UK. ' Ecole Superieure de Commerce de Tunis, Universite de la Manouba, Campus Universitaire de la Manouba, 2010 Tunis, Tunisia. ' Institut Superieur de Finances et de Fiscalite de Sousse, Universite de Sousse, Tunisia. ' Centre of Middle Eastern and Islamic Finance, London, UK
	Journal:	International Journal of Monetary Economics and Finance 2009 - Vol. 2, No.3/4  pp. 366 - 383
	Abstract:	Mortgage is considered a major determinant factor not only to the UK, but western economies as well. Therefore, we thought it fit to conduct an empirical study on Islamic mortgage in UK. In this paper we attempt to study and elaborate principles behind overall Islamic banking system whereas the main focus is remain with Role of Islamic mortgage in UK. This paper gives a preliminary empirical assessment of role of Shariah board and corporate governance with reference to UK. This study also sought that whether Islamic banking is based on Islamic economic principles or just a replica of conventional banking.
	Keywords:	Islamic mortgages; Mudharabah; Wadiah; Musharakah; Ijarah; Shariah; Riba; Islamic finance; UK; United Kingdom; corporate governance.
	DOI:	10.1504/IJMEF.2009.029069
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