This collection of new research brings together state of the art thinking by 45 experts from academia and business on all key aspects of Islamic Finance. Individual volumes deal with the key issues of: Political Economy, Values and Innovation; Risk, Stabilty and Growth; and Performance and Efficiency. Islamic Finance has had a transformational impact on markets well beyond the Muslim world. This development has been the outcome of various stakeholders and agencies interacting to develop a political economy based on Islamic values to generate religiously and culturally authentic financial institutions and instruments. The studies presented in these volumes discuss such interactions through specific examples from the GCC countries supported by comparative perspectives in order to articulate the development and consequences of Islamic Finance.