The problem with interest
£15.95
- Author Tarek El Diwany
- Availability: Out Of Stock
Tarek El Diwany
Now in its third edition, The Problem with Intense is one of the world’s best seller tries on the subject of Islamic finance and economics. In this revised text, evidence arising from the recent financial crisis has been included to support the main theme of the 1997 and 2003 editions. The author’s experience in both secular and Islamic finance helps him to provide a practical and relevant commentary on the state of the modern financial system and the Islamic alternative. A description is given in detailed but accessible terms of the extent to which interest-based finance is now affecting humanity, and a passionate case is made for reform of the fractional reserve banking system. In a critique of modern Islamic banking and finance, some searching questions are asked of the practices that are currently in vogue, and a new model is proposed based upon traditional understandings of Islam.
(9780954497415/5478)
Now in its third edition, The Problem with Intense is one of the world’s best seller tries on the subject of Islamic finance and economics. In this revised text, evidence arising from the recent financial crisis has been included to support the main theme of the 1997 and 2003 editions. The author’s experience in both secular and Islamic finance helps him to provide a practical and relevant commentary on the state of the modern financial system and the Islamic alternative. A description is given in detailed but accessible terms of the extent to which interest-based finance is now affecting humanity, and a passionate case is made for reform of the fractional reserve banking system. In a critique of modern Islamic banking and finance, some searching questions are asked of the practices that are currently in vogue, and a new model is proposed based upon traditional understandings of Islam.
(9780954497415/5478)
