Defining the issues in religion and finance

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Chapter 1 in Religion and Finance, 2019, pp 1-9 from Edward Elgar Publishing

Abstract: This chapter introduces and explores the relationship between religion and finance, insofar as it relates to the three great Abrahamic religions of Judaism, Christianity and Islam, and sets out the main aims of the book, which are to: • explain the teachings of the Abrahamic religions, especially towards various social and moral values which are relevant to financial issues; • compare the religious attitudes of Judaism, Christianity and Islam with regard to the prohibition of usury and the role of interest; • explain possible reasons behind the institutional shift in Europe and Islamic countries from anti-usury laws towards usury-supportive contracts; • explore various partnership-based instruments, sale-based debt instruments and benevolent loans allowed and previously used in Judaism, Christianity and Islam; • revive/develop some old/new concepts in finance which would be equally beneficial for all the stakeholders.

Keywords: Asian Studies; Economics and Finance; Law - Academic (search for similar items in EconPapers)
Date: 2019
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Citations: View citations in EconPapers (3)

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