Islamic Law and Finance – Theory and Practice

Presentation

In a world where economic and ethical issues intersect more than ever, Law and Islamic Finance between Theory and Practice by Dr. Halim Hassoun stands out as the essential reference in French language for understanding and mastering this rapidly expanding sector. Far from preconceived ideas, this 466-page work offers a rigorous and accessible dive into the legal, ethical and practical foundations of Islamic finance. An essential bridge between Muslim legal tradition and the realities of the contemporary market.

« Allāh has made commerce lawful and interest unlawful. » — Quran, Surah Al-Baqara (2:275)

Book Content

• Theoretical foundations: Quranic and prophetic principles governing financial transactions in Islam (prohibition of ribā, gharar, speculation).
• Islamic financial jurisprudence: exploration of legal sources (fiqh al-mu'āmalāt) and their application to modern contracts.
• Islamic financial instruments: detailed presentation of contracts (Murabaha, Ijara, Musharaka, Mudaraba, Sukuk…) and their concrete functioning.
• Islamic finance vs conventional finance: rigorous comparative analysis of the two systems, their ethical divergences and their points of practical convergence.
• Islamic finance on the international stage: overview of its global development and integration into Western and Francophone economies.
• Practical case studies and contemporary challenges: concrete case studies illustrating the application of Islamic rules to current economic realities.

For Whom?

This work is addressed to a broad and varied adult audience: students in law, economics or finance wishing to deepen the Islamic dimension of their education; banking, insurance and investment professionals eager to understand or integrate Islamic finance principles into their practice; Muslim entrepreneurs and individuals seeking financing solutions compliant with their faith; and more broadly, any French-speaking reader — Muslim or not — curious to discover this ethical alternative to the classical financial system. An intermediate reading level is recommended, although the author takes care to define each concept upon its introduction.

The Author

Dr. Halim Hassoun is a specialist in Islamic law and finance, recognized in the French-speaking world for his work at the intersection of classical Islamic jurisprudence and modern financial mechanisms. With dual academic and practical expertise, he puts his in-depth knowledge of fiqh al-mu'āmalāt to the service of clear and structured pedagogy, making notions often complex for the general French-speaking public accessible.

Editorial Information