Book Review: Muhammad Nejatullah Siddiqi: Issues in Islamic Banking The Islamic foundation, Reviewed by مراجعة علمية لكتاب: قضايا في المصرفية الإسلامية المؤسسة الإسلامية - تأليف: محمد نجاة الله صديقي - مراجعة: محمد عبدالمنان

M.N. Mannan
Additional contact information
M.N. Mannan: Islamic Economics Research Center King Abdulaziz University, Jeddah, Saudi Arabia.

Journal of Research in Islamic Economics, 1983, vol. 1, issue 1, 57-59

Abstract: The book contains six papers both published and unpublished and begins with a survey article on money, banking and monetary policy in which the author has claimed that l^c examined critically issues such as demand for money, credit creation, 1()()Oj) reserves, discounting, indexation and so on. Then the author provides an "exposition" of the ``tni^daraba" and answers the question "why'' Islamic economists advocate a change from interest to profit-sharing which will contribute to allocative efficiency, justice and stability. On the economics of profit- sharing, the author argues that forces of demand and supply should determine the ratio of profit-sharing between users and suppliers of capital. The last chapter offers brief comments on the Report of the Pakistan Council of Islamic Ideology, 19^(). (p-i 33). --

Date: 1983
References: Add references at CitEc
Citations:

Downloads: (external link)
https://iei.kau.edu.sa/Files/121/Files/153905_Vol-1-1-13E-MNSiddiqi.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:abd:crieja:v:1:y:1983:i:1:no:6:p:57-59

Access Statistics for this article

More articles in Journal of Research in Islamic Economics from King Abdulaziz University, Islamic Economics Institute. Contact information at EDIRC.
Bibliographic data for series maintained by King Abdulaziz University, Islamic Economics Institute. ().