The Law of Riba in Islamic Banking

Conventional and Unconventional Approaches to Interest-Free Financing
Herausgeber: Gürak, Hasan; Hatti, Neelambar

• Gebundenes Buch

Produktbeschreibung

The issue of riba i.e., interest/the 'excess' or 'surplus' on loans is crucial for both Islamic and non-Islamic countries. This book argues that there is scope for new definitions and analysis based on alternative concepts, which respect Islamic values and principles, yet pave the way for modification and debate.

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Produktdetails

• Verlag: Routledge
• Seitenzahl: 238
• Erscheinungstermin: 12. März 2024
• Englisch
• Abmessung: 240mm x 161mm x 17mm
• Gewicht: 528g
• ISBN-13: 9781032631516
• ISBN-10: 1032631511
• Artikelnr.: 69482796

Autorenporträt

Hasan Gürak is a Senior Researcher at the School of Economics and Management, University of Lund, Sweden. Neelambar Hatti is Professor Emeritus in the Department of Economic History, School of Economics and Management, University of Lund, Sweden.

Inhaltsangabe

Introduction Part I: Theoretical Chapters on Riba, the 'Excess' 1. Why Does
Islamic Finance Reject Interest? 2. The Prohibition of 'Riba' in Islam and
Its Elimination through Islamic Financing 3. Is There a 'Divine' Definition
of Riba and Its Scope in the Holy Quran? 4. Islamic 'Interest-Free' Bonds:
How Islamic Are They? Part II: President Erdogan's patented 'NAS'-policy
and its consequences 5. The NAS Is There! President Erdogan's Economic
Instrument to Fight Inflation 6. The Effects of the New Economic Model on
Banking Sector Profitability in Turkey 7. Empirical Evaluation of President
Erdogan's Interest Rate Policy 8. An Analysis of the Relationship between
Foreign Exchange Rate Protected Deposit Implementation and Exchange Rates
9. Women's Wage in the Turkish Labor Market