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Item Details
| Title:
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ISLAMIC FINANCE
THEORY AND PRACTICE |
| By: |
P. Mills, J. Presley |
| Format: |
Hardback |
| List price:
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£129.99 |
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We currently do not stock this item, please contact the publisher directly for
further information.
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| ISBN 10: |
0312224486 |
| ISBN 13: |
9780312224486 |
| Publisher: |
PALGRAVE USA |
| Pub. date: |
4 August, 1999 |
| Edition: |
1999 ed. |
| Pages: |
171 |
| Synopsis: |
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. |
| Illustrations: |
biography |
| Publication: |
US |
| Imprint: |
Palgrave Macmillan |
| Returns: |
Returnable |
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