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Banking and Islamic Law

By: Muslehuddin, Dr. M.
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Language: English

Softcover

The modern economic system, all over the world, rests on Banks which functions primarily on interest. Thus if Banks can be made to function without the elements of interest, it would mean that an economic system can also be developed without the infusion of interest which is strictly forbidden in Islam.

Dr. M. Muslehuddin, an economist of repute, convincingly argues that interest-free banking conforming to Islamic Tenets is possible. Coupled with an enlightening resume of the evolution of the banking system and how this system, in different advanced countries, is an indispensable work for all those interested in Islamic Economics.

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Product Details
By:Muslehuddin, Dr. M.
Language:English
Format:Softcover
Pages: 173 pp, w/bibliography
Publisher:Idara Impex, New Delhi, India, 2013 Edition
Dimensions:12 x 18 cm / 4.75 x 7 inches
ISBN-13:9788171012237
Topic:Islamic Law - Banking

Banking and Islamic Law
US$7.95

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