Reorganization of Islamic Banking

Introduction Traditional banking is rejected by Islamic scholars mainly because of interest. Interest-bearing banking is supposedly being replaced by profit-sharing banking organized on the basis of two-tier mudambu. Seigniorage (difference between face value and intrinsic value of money) resulting...

Full description

Saved in:
Bibliographic Details
Main Author: Muhammad Anwar
Format: article
Language:EN
Published: International Institute of Islamic Thought 1987
Subjects:
Online Access:https://doaj.org/article/6702fde20ee14b4f87fddd8d3c1a8fa2
Tags: Add Tag
No Tags, Be the first to tag this record!