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This book presents a collection of papers that explore international issues within Islamic finance and banking. It offers a comprehensive theoretical framework for Shariah governance in Islamic financial institutions and explores Shariah-compliant equities, as well as issues in productivity, technology and efficiency in Malaysia. It includes a number of comparative studies on Islamic and conventional banks, conventional and Islamic unit trusts, and Islamic and conventional banks’ product mix. The European perspective is presented with papers that explore the Islamic financial services sector in Italy, and the challenges and opportunities for Islamic retail banking in the UK and Germany.