Money, Debt & Usury - Islamic Perspective

Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context, or is easily converted to such a form. The main functions of money are distinguished as: a medium of exchange; a unit of account; a store of value; and, sometimes, a standard of deferred payment. Any item or verifiable record that fulfils these functions can be considered money.

About the author

Umar Nisar Kathjoo - Universidad Hamdard, Nueva Delhi, India.

Product details

• Authors: Umar Nisar Kathjoo
• Publisher: LAP Lambert Academic Publishing
• Languages: English
• Product format: Paperback / Softback
• Released: 31.08.2019
• EAN: 9783659908903
• ISBN: 978-3-659-90890-3
• No. of pages: 72
• Subject: Guides > Law, job, finance > Money, bank, stock market