Progress and challenges of Islamic banking

After giving a brief historical overview of developments in theory and practice of Islamic banking, Abbas Mirakhor discusses its prospects and challenges. While up to the 1970's the Muslim scholars were stressing the issue of Riba, emphasizing on moral and religious arguments, the nowadays scho...

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Bibliographic Details
Main Author: Mirakhor, Abbas (Author)
Format: Print Article
Language:English
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Published: Ǧamʿīya 1997
In: Review of Islamic economics
Year: 1997, Volume: 4, Issue: 2, Pages: 1-11
Further subjects:B Interest
B Islamic banking
B Credit
B Islam
B Money market
B Credit system
B Economic order
B Islamic countries
B Capital market
B Usury