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Banking and Islamic Law

 


Product Information
Product Code: ID223X
Category: Islamic Law
Published by: Idara Ishaat-E-Diniyat
Published: 2006
ISBN: 817101223X

Banking and Islamic Law
By: Dr. M. Muslehuddin

Modern economic system, all over the world, rests on Banks which functions primarily on interest. Thus if Banks can be made to function without the elements of interest, it would mean that an economic system can also be developed without the infusion of interest which is strictly forbidden in Islam.

Dr. M. Muslehuddin, an economist of repute, convincingly argues that interest-free banking conforming to Islamic Tenets is possible. Coupled with an enlightening resume of the evolution of banking system and how this system, in different advanced countries, is an indispensable work for all those interested in Islamic Economics.

 

 

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