Interest in Islamic Economics: Understanding RibaWith Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba – a definition of which is not given in the Qur’an – is long overdue. This text presents readers with various interpretations of this Islamic economic concept – generally perceived as ‘interest’. Thomas provides a framework for understanding riba by examining:
Including contributions from prominent international scholars, the book fills a gap in the existing literature and will be welcomed by academics and professionals with an interest in Islamic studies, economics and legal history. |
Contents
Riba in Lisan Al Arab | 10 |
The juridical meaning of riba | 26 |
An overview of the Shariaa prohibition of riba | 55 |
Why has Islam prohibited interest? Rationale behind | 96 |
An attempt to understand the economic wisdom | 112 |
What is riba? | 125 |
139 | |
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Common terms and phrases
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