This book explores the intricate relationship between intellectual capital and the operational and strategic frameworks of Islamic financial institutions. Through a detailed examination of intellectual capital’s three primary components—human, structural, and relational capital—this book delves into how Islamic banks (IBs) utilize their knowledge assets to create value while staying true to their foundational principles. By integrating insights from both intellectual capital theory and Islamic finance, this work aims to bridge the gap between two important fields of study. This book also brings new perspective in the field of intellectual capital by looking beyond the Shariah-compliance practices of IBs operations. The main value proposition that IBs brings is the application of Shariah knowledge in banking business operations, which is drawn based on the Islamic laws. The ability to utilize this Shariah-kind-of- intellectual capital should serve as the primary wellspring of competitive advantage for Islamic banks.