AbstractThe following sections are included:The Emergence of Islamic BankingDifferent Paths, Same GoalWhat Investment Products are Permissible under Islamic Shari'ah LawShari'ah Investment PrinciplesEquity-Financing and Debt-Financing in Pre-Islamic Arab SocietyIslamic Equity-Financing and Debt-FinancingEquity Securities: Profit-Sharing ContractsDebt-Financing ContractsDebt SecuritiesShari'ah Qualifications in LeasingOther Risk-Taking ProductsIslamic InsuranceTakaful Insurance in a Contemporary ContextTakaful Compared with Conventional InsuranceSummary