Even though many books have been written in the area of Islamic banking and finance, most are found to be very technical and with numerous jargons and financial terminologies. This book is prepared and concisely structured to those who want to seek knowledge particularly in Shari’ah contracts and their contemporary applications in Islamic banking institutions. All the Shari’ah contracts are well explained with the help of figures and flow charts. The calculations and accounting entries are also included to help the readers to understand more about the contract and its application. Moreover, this book includes case studies from real examples in Islamic banks. Lecturers, students, and independent readers will find that the topics discussed in this book are very easy to read and understand. This book will certainly enhance the understanding of the readers while enriching the knowledge in the Islamic banking and finance field of study.