[PDF.99zs] Islamic Money and Banking: Integrating Money in Capital Theory (Wiley Finance)

Islamic Money and Banking: Integrating Money in Capital Theory (Wiley Finance)

[PDF.av48] Islamic Money and Banking: Integrating Money in Capital Theory (Wiley Finance)

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 | #497499 in eBooks |  2011-12-27 |  2011-12-27 | File type: PDF

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||4 of 4 people found the following review helpful.| nuances of understanding|By W Boudville|There have already been several books out on this subject. But what perhaps distinguishes this text from most others is the careful exposition about the concepts in Islam resulting in the strictures against interest.

One chapter goes into the historical parallels with medieval Christian Europe and the then existing prohibitions|From the Inside Flap|Of the many great economic losses experienced worldwide over the last hundred years, almost all have had their origins in the United States. The current global crisis is no exception and how long this crisis will last is anybody’s gues

This book examines how money, in the absence of interest (Riba) and money market can become an endogenous variable of an economic system. It further tries to integrate money in capital theory and to make monetary sector part of the real sector aiming at removing the problems that arise from separation of the two.

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