"Explores the theoretical and practical features, recent developments and future prospects of interest-free banking, illustrated by a detailed analysis of the past twenty-five years of the interest-free banking movement in Pakistan (1980-2005). It helps the reader to understand the model underpinning interest-free banking, based on principles of free market mechanism, efficiency, ethical investment and socio-economic justice. And it assesses the practical success of interest-free banking at individual Islamic banks and at state level, as in the case of Pakistan."--BOOK JACKET.
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Editions
1 edition
Hardcover · English · 2008
Developments in Interest-Free Banking (Palgrave Macmillan Studies in Banking and Financial Institutions)
Palgrave Macmillan · 256 pages · 9781403998774
Banks and bankingBanks and banking, PakistaniIslamPakistani Banks and bankingReligious aspectsReligious aspects of Banks and bankingBankingBusiness & Economics