The following English language texts provide a range of opinions on financial laws and practices in Islam. These texts contain arguments that are both for and against the current model of Islamic banking and finance, arguments that the serious student should be familiar with whether or not he or she supports the direction that the industry is presently taking. Some important works from modern secular thinkers have been included. These highlight how Western thought is changing in matters of finance and economics, often in ways that are compatible with the principles of Islam. The reading list can be used as the basis for deeper self-study by students who have completed the Study Centre course. The material is graded according to beginner (B), intermediate (I) and advanced (A) level.

	No.	Author & Date				Description
	1)	An Introduction to Islamic Finance, Usmani, M. T., UK, 2001		B		Easy reading introduction to mainstream ideas behind modern Islamic banking, finance and investment
	2)	All You Need to Know About the City, Stoakes, C., UK, 2009		B		Straight-talking beginner's guide to financial institutions, financial markets, and how they work
	3)	Islam and the Economic Challenge, Chapra, U., UK, 1998		B		A readable summary of several major issues facing Muslim thinkers in economics, giving the outline of some responses suggested in Islam
	4)	The Shock Doctrine, Klein, N., USA, 2007		B		A stimulating secular discussion that exposes the gulf between theory and practice in modern economic thought
	5)	23 Things They Don't Tell You About Capitalism, Chang, H., UK, 2010		B		A vibrant challenge to modern economic thinking from one of the world's leading heterodox economists, with many ideas that will resonate among students of Islamic thought; enjoyable reading too
	6)	The Crisis in Islamic Civilization, Allawi, A., USA, 2010		I		Stimulating and well written discussion pertaining to the current condition of the Muslim world from a leading modern thinker
	7)	Understanding Islamic Finance, Ayub, M., USA, 2007		I		Well written and wide-ranging piece of work for early to intermediate students
	8)	AAOIFI Shari`ah Standards, Bahrain, 2008		I		Essential and easy reading for both intermediate students and professionals on the shari`ah justifications for a wide range of major Islamic financial products
	9)	Bidayat al-Mujtahid, Ibn Rushd (Garnet edition), UK, 1996		I		Famous classical work summarising the main schools of Islamic thought on matters of mu`amalat. Helps to contrast how and where modern ideas depart from classical Islamic thought
	10)	The Concept of Riba and Islamic Banking, Nyazee, I., Pakistan, 1995		I		Excellent and well referenced discussion of key issues ignored elsewhere in the literature
	11)	Islamic Law of Business Organization: Corporations, Nyazee, I., Pakistan, 2000		I		Comprehensive work setting out key legal principles and raising critical questions for both legal theorists and practitioners
	12)	Islamic Finance: Law, Economics, and Practice, El-Gamal, M. A., UK, 2006		I		Well informed critique of a range of concepts and practices applied in modern Islamic banking and finance
	13)	Critical Issues on Islamic Banking and Financial Markets, Rosly, S., Malaysia, 2005		I		Useful discussion of practical hurdles facing practitioners, written from a Malaysian perspective
	14)	Islamic Banking and Finance: What It Is and What It Could Be, various authors, UK, 2010		I		Textbook designed for use by undergraduates and new professionals, providing a broad treatment of several key areas including Islamic commercial law, modern Islamic financial practice, and some discussion of economic aspects
	15)	The Problem With Interest, Eldiwany, T., (3rd edition), UK, 2010		I		Discussion of flaws in the theory of interest and the practice of fractional reserve banking, highlighting the economic implications in modern times
	16)	The Church and Usury, Cleary, Rev. P., Ireland, 1914		I		Excellent discussion from a Catholic theologian, raising many vital parallels for those working in Islamic banking and finance today
	17)	The Creature from Jekyll Island, Griffin, E., USA, 1996		I		Superbly stimulating historical account that uncovers the politics behind the establishment of the Federal Reserve System in the United States, and discusses its economic implications
	18)	The Muqaddimah, Ibn Khaldun (trans. Rosenthal), USA, 1967		I		Perhaps the most famous historical review of political economy from the Islamic perspective
	19)	Economic Concepts of Ibn Taimiyah, Islahi, A., UK, 1998		I		A useful and detailed discussion of macro- and micro-economic principles from Ibn Taimiyah's perspective
	20)	The Question of Ideas in the Muslim World, Bennabi, M., UK, 2003		I		Stimulating discussion of the values and processes underlying economic and social development
	21)	Debunking Economics, Keen, Prof. S., USA, 2011		I		A strong critique of neo-classical thought from within the economics profession, highlighting basic theoretical errors and weaknesses
	22)	Islamic Commercial Law: An Analysis of Futures and Options, Kamali, M., UK, 2000		A		Excellent and well informed discussion of Islamic commercial law from one of the more liberal thinkers in the field
	23)	Islamic Jurisprudence and Its Proofs, Al-Zuhayli, W., Syria, 2003		A		Two encyclopaedic volumes of highly detailed legal discussion on all of the major Islamic contract types and the concepts behind them. Probably the most detailed work of its kind available in the English language, well translated by Professor Mahmoud El-Gamal
	24)	The Scholastic Analysis of Usury, Noonan, J., USA, 1957		A		High quality discussion and essential reading for Muslim lawyers and scholars with regard to the defeat of the usury prohibition in the Christian world
	25)	Kitab al-Amwal (Book of Revenue), Ibn Salaam (trans. Nyazee), Pakistan, 2002		A		A valuable study of day to day management of zakat, tax revenues, and land, which gives a flavour of the detailed policy-making of the state in the early Islamic period
	26)	Murabahah and the Credit Sale, Nyazee, I., Pakistan, 2010		A		An essential piece of critical work on modern implementations of murabahah