Law and Practice of Islamic Banking and Finance (3rd Edition) provides a detailed analysis of Islamic financial products, Islamic trade finance and the practical applications of Islamic banking and finance in Malaysia. This book also gives due coverage on the legal framework of Takaful and the legal aspects of Islamic electronic banking. A chapter is devoted to the functioning of Labuan as an Islamic international offshore financial centre. In this edition, new chapters have been added to address the important areas of Sukuk and Shariah governance framework.