An introduction to Islamic finance: theory and practice
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This book explains the fundamental principles and functions of an economic, banking and financial system based on principles derived from the basic sources of Islam. Rules constituting the institutional scaffolding of such a system—property rights principles, sanctity of contracts and the requirement of faithfulness to terms and conditions of contracts, trust and trustworthiness, risk sharing, and prohibition of interest-rate based debt contracts among others—are discussed with relation to the economic behavior of individuals, society and state.
Finance , Islamic countries , Financial services industry , Economic conditions
Iqbal, Zamir and Mirakhor, Abbas. (2011). An introduction to Islamic finance: theory and practice (2nd ed.). Singapore: John Wiley & Sons (Asia).
John Wiley & Sons (Asia) Pte. Ltd.