This paper gives a discussion about the Islamic capital market products and it’s possible role to promote economy and foster financial stability to a post revolution country such Tunisia. The Islamic financial system as a part of the  whole Islamic capital market is playing important roles in offering original modes of financing to both individuals  and businesses. That’s why we are asking about the possibility to develop an Islamic capital market which will contribute to come out the economic difficulties of this country. This paper can be thought of as an indicator about the contribution of Islamic capital market products in promoting post revolution countries economies. To 
my knowledge it’s the first paper treating this problematic in order to give useful reflections to the interested in this domain of Islamic finance in these specific regions known by their revolutions climates. 

In the wake of the global financial crisis, Islamic finance has gathered momentum with Sharia-compliant principles, as Paul McNamara reports

The origins of the Islamic finance industry are rooted in the recent past – 1975 to be precise, with the creation of Dubai Islamic Bank in the United Arab Emirates. It was the brainchild of visionary businessman Haj Saeed Ahmed Lootah, who convinced the then emir of Dubai, Sheikh Rashid bin Saeed Al Maktoum, that a new form of finance was needed.

Australian Centre for Islamic Finance

Islamic Finance course week 01 notes

This paper studies the causes of the low development of the insurance sector in the Middle East and North African (MENA) region, particularly for long term insurance. The paper shows that life and non-life premiums, as well as assets, are very low relative to expected levels given per capita income and demographic characteristics, and examines the causes of such poor performance.

Rodney R. Lester
World Bank

March 1, 2011

Difference Between Islamic Banking And Conventional Banking By Dr. Maulana Ejaz Ahmad Samadan

Distribution of Wealth in Islam by Mufti Mihammad Shafi

An introduction to Islamic finance By Mufti MUHAMMAD TAQI USMANI

The contents of the World Takaful Report 2012 are based on a combination of quantitative data and qualitative comments and hence
provide a subjective assessment of the current Takaful market. All quantitative comments are based on published information
wherever possible. Where published reliable data was not available, qualitative comments were made which may or may not reflect
the true state of affairs. Information has been assimilated from secondary sources, including published country, industry and
institutional information, and primary sources, in the form of interviews with industry executives.

Islamic Finance is one of the most developing industries today, with a compound annual growth rate estimated at 50 to 20 % per annum between 2006 and 2010 and several countries competing for the “gold medal” to become the ultimate Islamic Finance hub. This situation does not seem to apply for North African countries, where Islamic Finance is still lagging behind other Muslim countries in the GCC or South East Asia, or even behind non Muslim countries such as the United Kingdom.