Name of the book: Financial Transactions in Islamic Jurisprudence vol.1 and vol.2

Translated from Arabic: Fiqh al-Islami wa Adillatuhu, vol.5 and vol.6, 1997ed, Dar al-Fikr.

Author ( Arabic): Dr. Wahbah al-Zuĥaylī

Translated in English by: Dr. Mahmoud El-Gamal, (Ph.D.)

Revised by: Dr.Muhammad S. Eissa, (Ph.D.)

Subject: Islamic Jurisprudence, Fiqh (of all madh’habs)

Pages – vol.1 : 693

Pages – vol.2
: 754

ISBN Vol.1
: 1-59239-072-2

ISBN Vol.2
: 1-59239-073-0

Price : about $65/US ; £35/UK

Financial Transactions in two volumes is a translation of Dr.Zuhayli’s Fiqh al-Islami wa Adillatuh [corresponding to vol.5 and vol.6, 1997 edition.] If you have an older 1989 edition, this is covered in vol.4 and vol.5.

It is an excellent translation, but due to the nature of the subject, only a specialist can fully benefit from it. However, even beginners can use it to get acquainted with the terminology and hence be better equipped to understand the rulings/fatawa issued by other scholars. If you are used to Arabic terminology, and indeed Zuhayli’s work in Arabic, it might appear a bit difficult or disorienting as you try to correspond the respective terms in English. Dr. El-Gamal says in the preface:

“I should caution the uninitiated reader that this English translation is no more accessible than the Arabic original. Islamic jurisprudence is a highly technical field, and jurists have somewhat unorthodox writing styles. In this sense, juristic writings are no more accessible to new readers than any other set of technical writings (in law, science, etc.).”

But for those of you who are looking for authoritative information on Islamic financial transactions, this is a good reference. If there is anything that seems missing, the comment should be directed to the original because this is, after all a translation. For example, the discussion on modern Islamic Banking, Islamic Bonds and Islamic Finance could do with a more thorough treatment and real life examples.

Contents page of the book can be found on the Dar al-Fikr site here.

Dr. El-Gamal has a Ph.D in Economics from the Northwestern University in Illinois. He has served as a professor of Economics in various universities. He has also served as an economist in the IMF. His blog can be found here.

Dr. Muhammad Eissa, Ph.D. Editorial Consultant, Middle Eastern Texts Initiative. Muhammad S. Eissa is an alumnus of Al-Azhar University in Cairo, Egypt, where he earned his B.A., M.A., and Ph.D. degrees in Islamic history and civilization.

Bootnote: Please do not respond to this mail pointing out that Taqi Usmani is mentioned somewhere and hence, and hence; if not, therefore, if so, then; but, etc., etc.