The Islamic banking and financial industry is in full rise. Its growth rate is with two digits since more than one decade. It causes the curiosity of the authorities, of the professionals of the sector like those of the academics. Becoming aware of that, the University Robert Schuman decided to undertake research on this subject. Accordingly, it organized an international conference on January 11, 2008 with the collaboration of the Center of the Law of the Enterprise (CDE) and the team of the Center Company, Law and Religion in Europe (SDRE). This conference reinforced our will to continue research Islamic bank finance. This project, will be associated, in addition to the two centers previously mentioned, the Research Laboratory in Management and Economy (LARGE) and many academic and professional. Our research leaves one the principles pivot of Islamic finance, that of the prohibition of the interest (ribâ), i.e. neither to lend, nor to borrow funds with interest. Other prohibitions exist like that related to uncertainty expresses execution of a transaction (gharar) and the games of chance (to maysir). These transactions should not be the subject of a speculation. In addition to this base of prohibition, the ethics of Islamic finance deviates from any investment related of near or by far to the industry of alcohol, with porcine and bovine industry not halal, with the production of film leading to the forfeiture human being (pornography, films subversive with regard to the young public, etc), with the armament, as well as the companies of which the debt ratio to interest is higher than 30 or 33%. Moreover, the legal safety of the financial transactions Islamic is guaranteed by the following rule: any financing and any investment must be leaned with a tangible credit such as the goods movable or real, tangible or intangible. Acting of France, several fields of research will be studied of which heard saving and right in broad manner. On the ground economic, for example, the new approach, Islamic, will have to show its efficiency and its capacity to be adapted to an increasingly competing economic environment. The question arises thus of how knowing industry banking and financial Islamic will contribute to the economic development (creation of new jobs, innovations industrial, participation pronounced or not in such branch of industry, to rationalize the international exchanges, to dam up poverty, etc). Since the crises animate the markets, the companies, especially the French, must face the shortages of liquidities which result primarily in restrictive conditions of granting of credit by the banks. Indeed, the Islamic banks and financial institutions have of an abundant liquidity because of the absence of financial instruments and placements in adequacy with their ethics and an efficient legal framework which would make safe the transactions. On the legal level, the project aims at taking an explicit position on the compatibility of Islamic finance to the principles of secularity. The researchers of the SDRE will be brought to bring the legal and sociological solutions adapted. And those of the CDE will examine all the juridical and financial mechanisms related to Islamic finance, assisted by the LARGE and by all the other collaborators. The project also proposes to work out new economic theories and of search for solutions innovating for contributors and applicants of capital in accordance with the requirements of the national and Islamic laws.