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Theoretical studies in Islamic banking and finance

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dc.contributor.authorKhan, Mohsin S.
dc.contributor.authorMirakhor, Abbas
dc.date.accessioned2016-09-29T05:53:49Z
dc.date.available2016-09-29T05:53:49Z
dc.date.disclosure2016-09-29T05:53:49Z
dc.date.issued1987
dc.description.abstractIslam proposes that the banking systems that operate on the basis of an ex ante fixed rate of interest be replaced by a profit-sharing system in which the rate of return to the financial resources is not known and is not fixed prior to the undertaking of the transaction. While in Islam interest is forbidden, trade and profits are permissible and in fact encouraged. The papers in this volume all address one or more of the basic questions at the theoretical level. They represents a start in the attempt to introduce rigor into the analysis of Islamic banking and finance, thereby clarifying the nature of the basic relationships underlying the system.
dc.identifier.citationKhan, Mohsin S. and Mirakhor, Abbas (Eds.). (1987). Theoretical studies in Islamic banking and finance. Houston, Texas: Institute for Research and Islamic Studies.
dc.identifier.isbn9781889999401
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/2120
dc.languageEnglish
dc.language.isoeng
dc.publisherInstitute for Research and Islamic Studies
dc.rights1987. Institute for Research and Islamic Studies
dc.sourceCRP
dc.subjectIslamic banking
dc.subjectIslamic countries
dc.titleTheoretical studies in Islamic banking and finance
dc.typeBook
dlc.maintopicIslamic banking
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.licenseAvailable in physical copy only (Call Number: HG 3368 A6 T369K)
ikr.topic.maintopicIslamic banking
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