I would like to thank my supervisor Dr. Tahar Boukhobza for his guidance, encouragement,tremendous help and support throughout my research. I would like to thank the training department of Islamic Bank of Britain for clarifying my understanding about basic conceptsin Islamic banking and Tony Syme for his guidance on research methods. I would like to thank Prof. Dr. Mohd. Ma’sum Billah, Sharifa Carlo Al Andolus, Mohammed Obaidullah, Justice Mufti Taqi Usmani, all other authors and scholars for all their works that have been referred to by me. I would like to make a small mention of Mufti Abdul Qayum who introduced the concept of Islamic banking to me which helped me to develop interest in this field. I would like to thank my parents for sponsoring me, my uncle Dr. N A Bakhshi, other familymembers & friends for their love and support.
Adil Manzoor BakhshiMarch 2006