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Islamic Finance: Theory and Practice (in English)
P. Mills; J. Presley (Author)
·
Palgrave Macmillan
· Hardcover
Islamic Finance: Theory and Practice (in English) - P. Mills; J. Presley
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Synopsis "Islamic Finance: Theory and Practice (in English)"
Given the propensity of the world financial system to crisis, this book explores the radical alternative put forward by Islamic (and Western) theories of non-interest banking. The Islamic critique of interest and early experiments with non-interest banking are assessed against the conventional theories regarding banking, company finance and macroeconomic stability. Whilst the experience of Islamic banking has proved inconclusive thus far, the theoretical model provides a cogent alternative to a financial system made fragile by debt contracts.
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All books in our catalog are Original.
The book is written in English.
The binding of this edition is Hardcover.
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