Economics of an Islamic economy /

This book challenges the interventionist stance of Islamic economics as well as its presumption that riba equals interest. An Islamic economy, it argues, is essentially a market economy, but it differs from capitalist economies because both its institutions and the structure of, for example, propert...

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Main Author: Azhar, Rauf A.

Format: eBook

Language: English

Published: Leiden ; Boston : Brill, 2010.

Series: Themes in Islamic Studies 6.
Middle East and Islamic Studies E-Books Online, Collection 2010, ISBN: 9789004223059.

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Call Number: BP173.75 .A935 2010

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Summary:This book challenges the interventionist stance of Islamic economics as well as its presumption that riba equals interest. An Islamic economy, it argues, is essentially a market economy, but it differs from capitalist economies because both its institutions and the structure of, for example, property rights are specifically Islamic, deriving from Qurʾān and other sources of Islamic law. The book also focuses on the similarities and differences between riba and interest, establishes the often neglected connection between the two, and explores the ramifications of this connection for Islamic financial systems.
Physical Description:1 online resource.
Bibliography:Includes bibliographical references and index.
ISBN:9789047441724
Access:Available to subscribing member institutions only.