With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba - a definition of which is not given in the Qur'an - is long overdue. This text presents readers with various interpretations of this Islamic economic concept - generally perceived as 'interest'. Thomas provides a framework for understanding riba by examining:
linguistics
classical judicial analysis
the historical context
modern economics.
Including contributions from prominent international scholars, the book fills a gap in the existing literature and will be welcomed by academics and professionals with an interest in Islamic studies, economics and legal history.
With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba - a definition of which is not given in the Qur'an - is long overdue. This text presents readers with various interpretations of this Islamic economic concept - generally perceived as 'interest'. Thomas provides a framework for understanding riba by examining:
linguistics
classical judicial analysis
the historical context
modern economics.
Including contributions from prominent international scholars, the book fills a gap in the existing literature and will be welcomed by academics and professionals with an interest in Islamic studies, economics and legal history.
This book is a comprehensive study, which provides informed knowledge within the field of Islamic economics. The authors lay down the principal philosophical foundation of a unique and universal...
Islamic Banking, the Shariah (Islamic law) compliant banking for Muslims, is unarguably at the nascent stage of its development as a financial competitor and alternative to the conventional interest...
The Islamic perception of the socio-economic process is dynamic and its insistence on social justice is uncompromising. To produce the best social structure, according to this view, man's economic...
This book presents the building blocks of Islamic economics as meso-science, offering an in-depth study of the Qur'anic worldview of the monotheistic unity of knowledge, which is the universal and...
This book presents a timely narrative of the concepts of Islamic economics in the context of Islamic culture. Its aim is to guide individuals and organizations towards a Shariah-based Islamic...
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