This book reviews the Islamic opposition to interest and assesses the feasibility of a non-interest financial system in light of current economic theory. The Islamic critique of interest is set against a discussion of the methodology of Islamic economics and the opposition to interest within the Jud
Islamic Finance: Theory and Practice
β Scribed by Paul S. Mills, John R. Presley (auth.)
- Publisher
- Palgrave Macmillan UK
- Year
- 1999
- Tongue
- English
- Leaves
- 181
- Category
- Library
No coin nor oath required. For personal study only.
β¦ Table of Contents
Front Matter....Pages i-ix
Islamic Economics and Banking β the Background....Pages 1-6
The Islamic Critique of Interest....Pages 7-14
The Interest-free Financial System....Pages 15-33
Modelling Profit-and-Loss Sharing....Pages 34-48
Non-interest Banking in Practice....Pages 49-57
Non-interest Finance and Macroeconomic Stability....Pages 58-72
Key Issues in the Islamic Financial System....Pages 73-100
The Prohibition of Interest in Western Literature....Pages 101-113
Conclusions....Pages 114-120
Back Matter....Pages 121-171
β¦ Subjects
Macroeconomics/Monetary Economics//Financial Economics; Banking
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