Cover -- Copyright -- Contents -- Contributors -- Preface -- Acknowledgements -- Introduction -- PART I Historical background -- 1. From the poor to the merchant -- PART II Islamic banking business -- 2. The provision and management of savings: the client-partner model -- 3. Islamic finance: personal and enterprise banking -- 4. Islamic banking in Europe: the regulatory challenge -- 5. Islamic finance and ethical investments: some points of reconsideration -- PART III The challenge -- 6. Islamic banking versus conventional banking -- 7. Islamic banking: a challenge for the Basel Capital Accord. 8. Investing with values: ethical investment versus Islamic investment9. Islamic banking and the 'duty of accommodation' -- 10. The remuneration of sight accounts and the feasible competition between Islamic and Western systems -- PART IV Response from the European countries: English, French, German and Italian experiences -- 11. The French licensing authority faced with the globalisation of Islamic finance: a flexible position -- 12. German banking sup.