Islamic Banking

Islamic Banking
Islamic banks are prohibited from charging or paying interest, and thus can operate only on the basis of profit-sharing arrangements. This paper provides a brief survey of the theory and practice of Islamic banking. It covers developments in Islamic banking since the mid-1970s, how such banks operate, and the analytical underpinnings of a... READ MORE...

Publication date: September 1991
ISBN 9781451851069
$15.00

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