Economics Of An Islamic Economy

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Economics of an Islamic Economy

Economics of an Islamic Economy
Author :
Publisher : BRILL
Total Pages : 486
Release :
ISBN-10 : 9789004179370
ISBN-13 : 9004179372
Rating : 4/5 (372 Downloads)

Book Synopsis Economics of an Islamic Economy by : Rauf A. Azhar

Download or read book Economics of an Islamic Economy written by Rauf A. Azhar and published by BRILL. This book was released on 2010 with total page 486 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book challenges the interventionist stance of Islamic economics as well as its presumption that "riba" equals interest. An Islamic economy, it argues, is essentially a market economy, but it differs from capitalist economies because both its institutions and the structure of, for example, property rights are specifically Islamic, deriving from Qur n and other sources of Islamic law. The book also focuses on the similarities and differences between "riba" and interest, establishes the often neglected connection between the two, and explores the ramifications of this connection for Islamic financial systems.


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