Title: Islamic finance
First published: 1999
Description: "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 Judaeo-Christian tradition.

The range of Islamic non-interest financial contracts is then detailed along with a review of the performance of Islamic banks to date: a model of the allocation of finance within a non-interest system is then presented. The conclusions outline the advantages and disadvantages of a theoretical non-interest economy, affirm the theoretical case for the prohibition of interest, and draw practical lessons for contemporary Western economies."--BOOK JACKET.
Subjects: Banks and banking, Islam, Religious aspects, Religious aspects of Banks and banking, Islamic countries, Finance, public, Finance, islamic empire
Places: Islamic countries
LC classification: HG3368.A6 M55 1999