Interest in Islamic Economics: Understanding Riba

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Overview

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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Product Details

  • ISBN-13: 9780415342421
  • Publisher: Taylor & Francis
  • Publication date: 2/9/2006
  • Series: Islamic Studies Series
  • Pages: 176
  • Product dimensions: 6.14 (w) x 9.21 (h) x 0.44 (d)

Table of Contents

The Book of Riba (proposed new title: Understanding Riba)

Table of Contents

Introduction – by Sh. Yusuf Talal DeLorenzo

Chapter 1: Riba in Lisan Al Arab, translators Abdulkader Thomas and Ruba Alfattouh

Chapter 2: In the Shadow of Deuteronomy, Vincent Cornell

Chapter 3: The Juridical Meaning of Riba, Sh. Wahba Al Zuhaili, translators Iman Abdul Rahim and Abdulkader Thomas

Chapter 4: An Overview of the Sharia’a Prohibition of Riba, Emad H. Khalil

Chapter 5: The Modern Debate over Riba in Egypt, Emad H. Khalil with Abdulkader Thomas

Chapter 6: Why has Islam Prohibited Interest, M. Umer Chapra

Chapter 7: An Attempt to Understand the Economic Wisdom (Hikma) in the prohibition of Riba, Mahmoud A. El-Gamal

Chapter 8: What is Riba, Abdulkader Thomas

Appendix: The Challenges in Pakistan, M. Akram Khan with Abdulkader Thomas

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