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Rightful Way of Banking.

It has taken over five centuries for banking to evolve to its present state, and the concept of ""interest"" is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism,...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Masood, Omar
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Cambridge Scholars Publishing, 2015.
Temas:
Acceso en línea:Texto completo
Descripción
Sumario:It has taken over five centuries for banking to evolve to its present state, and the concept of ""interest"" is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term ""riba-eater"" being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following t
Descripción Física:1 online resource
Bibliografía:Includes bibliographical references and index.
ISBN:1322889864
9781322889863
9781443875240
1443875244
1443870536
9781443870535