With Islamic banking progressively turning into a extra influential consider the West, an research of the concept that of riba – a definition of which isn't given within the Qur’an – is lengthy past due. this article provides readers with numerous interpretations of this Islamic financial inspiration – more often than not perceived as ‘interest’. Thomas offers a framework for realizing riba through examining:

  • linguistics
  • classical judicial research
  • the ancient context 
  • modern economics.

Including contributions from trendy overseas students, the ebook fills a spot within the latest literature and may be welcomed by way of teachers and pros with an curiosity in Islamic experiences, economics and felony history.

Show description

Read Online or Download Interest in Islamic Economics: Understanding Riba (Routledge Islamic Studies) PDF

Best Islam books

The Heart of Islam: Enduring Values for Humanity

Because the specter of spiritual extremism has develop into a truth of lifestyles this present day, the temptation is superb to permit the evil activities and views of a minority to symbolize a whole culture. relating to Islam, there was a lot fresh confusion within the Western international established on distorted portrayals of its middle values.

Avicenna (Great Medieval Thinkers)

Ibn Sina (980-1037), referred to as Avicenna in Latin, performed a substantial position within the improvement of either japanese and Western philosophy and technology. His contributions to the fields of common sense, typical technological know-how, psychology, metaphysics, theology, or even drugs have been giant. His paintings used to be to have an important impression on Thomas Aquinas, between others, who explicitly and regularly drew upon the information of his Muslim predecessor.

Studies in Early Muslim Jurisprudence

This ebook bargains a coherent conception of the origins and early improvement of Islamic legislation. the writer grounds his argument in a sequence of consultant passages from the earliest juristic works, lots of them translated the following for the 1st time. Succeeding chapters show the creativity of early Muslim civilization in literary types, juristic norms, and hermeneutic method.

Britain and the Islamic World, 1558-1713

Earlier than that they had an empire within the East, the British travelled into the Islamic international to pursue exchange and to shape strategic alliances opposed to the Catholic powers of France and Spain. First-hand encounters with Muslims, Jews, Greek Orthodox, and different non secular groups residing jointly less than tolerant Islamic rule replaced without end the best way Britons thought of Islam, simply because the items they imported from Islamic international locations replaced endlessly the way in which they lived.

Extra info for Interest in Islamic Economics: Understanding Riba (Routledge Islamic Studies)

Show sample text content

Rated 4.93 of 5 – based on 38 votes