Financial Innovation and Engineering in Islamic Finance

Introduction.- The Context of Islamic Bankin and Finance.- Analysis of Financial Innovation and Engineering in the Literature.- A Historical Analysis of Financial Innovation in Islamic Economics and Finance from Inception to the 16th Century.- A Historical Analysis of Financial Innovation in Islamic Economics and Finance from the 16th Century to Present.- Traditional Theory of Financial Innovation.- Financial Innovation Theory from an Islamic Perspective.- Futures Contracts as an Underlying Product of Financial Engineering in Islamic Finance.- Options Contracts as an Underlying Product of Financial Engineering in Islamic Finance.- Outlining a Framework for Financial Innovation and Engineering in Islamic Finance.- Case Stduy: Analysis of Selected Shariah Compliant Financial Products.- Discussion and Conclusion.