Interest in Islamic Economics: Understanding Riba (Islamic Studies Series)

ISBN: 9780415589352
Publisher: Routledge
Edition: 1
Publication Date: 2006-02-11
Number of pages: 158
  • $73.65

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DESCRIPTION

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.

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