Islamic Finance - Theory and Practice

This work explores the radical alternative put forward by Islamic theories of non-interest banking. The Islamic critique of interest and early experiments with non-interest banking are assessed against the conventional theories regarding banking, company finance and macroeconomic stability.

Sommario

Islamic Economics and Banking: The Background The Islamic Critique of Interest Non-Interest Finance and Macroeconomic Stability The Interest Free Financial System Modelling Profit and Loss Sharing Non-Interest Banking in Practice Some Key Issue in the Islamic Financial System Prohibition of Interest in Western Literature Conclusions Index

Info autore

PAUL S. MILLS is Manager, UK Debt Management Office, HM Treasury, Threadneedle Street, London

JOHN R. PRESLEY is Professor of Economics at Loughborough University. He has written or edited over fifteen books including Banking in the Arab Gulf (with Rodney Wilson), A Guide to the Saudi Arabian Economy (with A. J. Westaway) and Islamic Financial Institutions.

Dettagli sul prodotto

• Autori: Mills, P Mills, P. Mills, Paul S. Presley Mills, J Presley, J. Presley
• Editore: Palgrave UK
• Lingue: Inglese
• Formato: Copertina rigida
• Pubblicazione: 04.08.1999
• EAN: 9780333490839
• ISBN: 978-0-333-49083-9
• Pagine: 180
• Serie: Theory and Practice; Theory and Practice
• Categoria: Scienze sociali, diritto, economia > Economia > Singoli rami economici, branche