Interest in Islamic Economics: Understanding Riba (Islamic Studies) (0415342422)

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Author: A. Thomas

Publisher: Routledge (2006)

Binding: Hardcover, 146 pages

pricer: $140.00

ISBN-10: 0415342422

editorialreviews

With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba ¨C a definition of which is not given in the Qur¡¯an ¨C is long overdue. This text presents readers with various interpretations of this Islamic economic concept ¨C 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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