Islamic Banking and Interest: A Study of the Prohibition of Riba and Its Contemporary Interpretation

by Abdullah Saeed

This important book critically examines the traditional interpretation of riba (translated as usury of interest) and the attempts of modern Islamic banks to put that interpretation into practice. The first part of the book examines the prohibition and interpretation of riba in Islam, as well as the controversies surrounding it. The second part examines the alternatives to interest-based financing utilised in Islamic banking and the problems...

• Format: Hardcover
• Language: English
• ISBN: 9004105654
• ISBN13: 9789004105652
• Release Date: January 1996
• Publisher: Brill
• Length: 180 Pages
• Weight: 1.04 lbs.
• Dimensions: 0.9" x 6.5" x 9.6"