Islamic finance : theory and practice

著者

書誌事項

Islamic finance : theory and practice

Paul S. Mills and John R. Presley

Macmillan , ST. Martin's Press, 1999

  • : uk
  • : us

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注記

2002 digital printing published by Palgrave (formerly Macmillan Press)

Bibliography: p. 142-164

Includes index

内容説明・目次

内容説明

Given the propensity of the world financial system to crisis, this book explores the radical alternative put forward by Islamic (and Western) 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. Whilst the experience of Islamic banking has proved inconclusive thus far, the theoretical model provides a cogent alternative to a financial system made fragile by debt contracts.

目次

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

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