The Time Value of Money Concept in Islamic Finance

The time value of money is a basic investment concept and a basic element in the conventional theory of finance. The Shari`ah does not rule out this consideration, for it does not prohibit any increment in a loan given to cover the price of a commodity in any sale contract to be paid at a future da...

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Autores principales: Abu Umar Faruq Ahmad, M. Kabir Hassan
Formato: article
Lenguaje:EN
Publicado: International Institute of Islamic Thought 2006
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Acceso en línea:https://doaj.org/article/777aa1b469494572998fb7969673512f
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