Coverart for item
The Resource Islamic finance : theory and practice, Paul S. Mills and John R. Presley, (electronic book)

Islamic finance : theory and practice, Paul S. Mills and John R. Presley, (electronic book)

Label
Islamic finance : theory and practice
Title
Islamic finance
Title remainder
theory and practice
Statement of responsibility
Paul S. Mills and John R. Presley
Creator
Contributor
Subject
Language
eng
Summary
This book reviews the Islamic opposition to interest and assesses the feasibility of a non-interest financial system in light of current economic theory. The Islamic critique of interest is set against a discussion of the methodology of Islamic economics and the opposition to interest within the Judaeo-Christian tradition. The range of Islamic non-interest financial contracts is then detailed along with a review of the performance of Islamic banks to date; a model of the allocation of finance within a non-interest system is then presented. Assessment of the issues raised is made within the context of economic literature concerning debt versus equity finance; this includes an examination of banking instability and the business cycle, the determinants of levels of saving and the implications for public finance. The conclusions outline the advantages and disadvantages of a theoretical non-interest economy, affirm the theoretical case for the prohibition of interest, and draw practical lessons for contemporary Western economies
Member of
Cataloging source
UK-WkNB
http://library.link/vocab/creatorName
Mills, Paul S
Index
no index present
Literary form
non fiction
http://library.link/vocab/relatedWorkOrContributorName
Presley, John R
http://library.link/vocab/subjectName
  • Banks and banking
  • Banks and banking
Label
Islamic finance : theory and practice, Paul S. Mills and John R. Presley, (electronic book)
Instantiates
Publication
Bibliography note
Includes bibliographical references and index
Color
multicolored
Control code
ebr2004449
Dimensions
23 cm.
Dimensions
unknown
Extent
ix, 171 p.
Form of item
electronic
Isbn
9780333490839
Original version note
Original electronic resource.
Reproduction note
Electronic resource.
Specific material designation
remote
Label
Islamic finance : theory and practice, Paul S. Mills and John R. Presley, (electronic book)
Publication
Bibliography note
Includes bibliographical references and index
Color
multicolored
Control code
ebr2004449
Dimensions
23 cm.
Dimensions
unknown
Extent
ix, 171 p.
Form of item
electronic
Isbn
9780333490839
Original version note
Original electronic resource.
Reproduction note
Electronic resource.
Specific material designation
remote

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