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Interest in Islamic Economics
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Interest in Islamic Economics : Understanding Riba

Book Details

Format Paperback / Softback
ISBN-10 0415589355
ISBN-13 9780415589352
Publisher Taylor & Francis Ltd
Imprint Routledge
Country of Manufacture GB
Country of Publication GB
Publication Date Jun 23rd, 2010
Print length 160 Pages
Weight 270 grams
Product Classification: Finance
Ksh 8,800.00
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This book offers collaborating understandings of the Islamic economic concept. Linguistics, classical juridical analysis, historical context and modern economics build this framework for the understanding of riba.

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