Pilot episode-A deep dive into the history and practice of Islamic finance

The global Islamic finance industry is set to reach $4 trillion by 2026, according to some studies.In our pilot episode we deep dive into the history of Islamic finance and look at its practice in the real world.Ryan Calder is assistant professor of sociology and director of the Program in Islamic Studies at Johns Hopkins University. His first book, The Paradox of Islamic Finance: How Shariah Scholars Reconcile Religion and Capitalism, will be published by Princeton University Press in May 2024.In this episode we discuss:Ryan's background and interest in Islamic financeRyan's research on Islamic finance and economicsDefine what Islamic finance is and what are the core principlesThe political economy of the Islamic financeWhether Islamic finance products are really different from conventional financeWhat the future holds for the Islamic finance industryNote-This conversation was originally recorded in 2022.