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Islamic Finance
Mills, P.; Presley, J.
€ 118.71
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Description for Islamic Finance
Hardback. Num Pages: 180 pages, biography. BIC Classification: KCB; KFFK. Category: (G) General (US: Trade). Dimension: 216 x 140 x 19. Weight in Grams: 385.
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.
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.
Product Details
Format
Hardback
Publication date
1999
Publisher
Palgrave USA United States
Number of pages
180
Condition
New
Number of Pages
171
Place of Publication
Gordonsville, United States
ISBN
9780312224486
SKU
V9780312224486
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Mills, P.; Presley, J.
PAUL S. MILLS is Manager, UK Debt Management Office, HM Treasury, Threadneedle Street, London JOHN R. PRESLEY is Professor of Economics at Loughborough University. He has written or edited over fifteen books including Banking in the Arab Gulf (with Rodney Wilson), A Guide to the Saudi Arabian Economy (with A. J. Westaway) and Islamic Financial Institutions.
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