Islamic Banking And Interest

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Islamic Banking and Interest

Author	: Abdullah Saeed
Publisher	: BRILL
Total Pages	: 188
Release	: 1996
ISBN-10	: 9004105654
ISBN-13	: 9789004105652
Rating	: 4/5 (652 Downloads)

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Book Synopsis Islamic Banking and Interest by : Abdullah Saeed

Download or read book Islamic Banking and Interest written by Abdullah Saeed and published by BRILL. This book was released on 1996 with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt: A critical study of the interpretation of "riba" in Islam, the attempts of Islamic banks to put the interpretation into practice, the problems associated with these attempts and an argument for rethinking the interpretation.

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In an Islamic system, as interest is prohibited, banks are expected to operate solely on the basis of profit and risk sharing. This paper describes the developm

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Islamic Banking and Finance

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It is a well-known fact that conventional commercial banks provide financial intermediation services on the basis of interest rates on assets and liabilities. H