Interest In Islamic Economics: Understanding Riba Paperback

Abdulkader Thomas

With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba - a definition of which is not given in the Qur'an - is long overdue. This text presents readers with various interpretations of this Islamic economic concept - generally perceived as `interest'. Thomas provides a framework for understanding riba by examining: linguistics classical judicial analysis the historical context modern economics. Including contributions from prominent international scholars, the book fills a gap in the existing literature and will be welcomed by academics and professionals with an interest in Islamic studies, economics and legal history.

9780415589352

English

Taylor And Francis Ltd

8/Jul/10

146

The volume is a useful reference for anyone wishing to understand the Koranic roots of the prohibition of interest, and of how this evolved in the four main schools of Islamic law.' - Middle Eastern Studies 'This book is comprehensive; it consists of scholarly papers and it is a must read for all students of Islamic economics and finance. The editor deserves our compliments for doing a good job in presenting all the angles on the debate of interest.' - Muhammad Akram Khan, The Muslim World Book Review, 2009