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Riba, Bank Interest and the Rational of its Prohibition (Research Paper)

Mohammad Nejatullah Siddiqi
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Mohammad Nejatullah Siddiqi: The Islamic Research and Teaching Institute (IRTI)

No 205, Occasional Papers from The Islamic Research and Teaching Institute (IRTI)

Abstract: The paper explains Riba, bank interest and the rationale of its prohibition starting from Shari‘ah and economic reasons through to the entire financial system and also highlights the impact of prohibition of Riba.

Keywords: Bank Interest; RIBA; Prohibition (search for similar items in EconPapers)
Pages: 164 pages
Date: 2004
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Citations: View citations in EconPapers (10)

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