02587nam 2200601 450 991078740260332120230807213555.01-4438-7524-4(CKB)3710000000355251(EBL)2076831(OCoLC)903318522(SSID)ssj0001471969(PQKBManifestationID)11829740(PQKBTitleCode)TC0001471969(PQKBWorkID)11433320(PQKB)11386938(Au-PeEL)EBL2076831(CaPaEBR)ebr11019553(CaONFJC)MIL720268(MiAaPQ)EBC2076831(MiAaPQ)EBC3051767(Au-PeEL)EBL3051767(OCoLC)922952234(EXLCZ)99371000000035525120150218h20152015 uy 0engurcnu||||||||txtccrThe rightful way of banking /by Omar Masood and Shahid M. K. Ghauri1st ed.Newcastle upon Tyne, England :Cambridge Scholars Publishing,2015.©20151 online resource (237 p.)Description based upon print version of record.1-322-88986-4 1-4438-7053-6 Includes bibliographical references and index.""CONTENTS""; ""ABOUT THE AUTHORS""; ""PREFACE""; ""LIST OF ABBREVIATIONS""; ""GLOSSARY""; ""CHAPTER ONE""; ""CHAPTER TWO""; ""CHAPTER THREE""; ""CHAPTER FOUR""; ""CHAPTER FIVE""; ""CHAPTER SIX""; ""REFERENCES""; ""INDEX""It has taken over five centuries for banking to evolve to its present state, and the concept of ""interest"" is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930's. Interest (riba) is still outlawed in Islam, with the term ""riba-eater"" being one of the cruelest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following tBanks and bankingReligious aspectsIslamBanks and bankingReligious aspectsIslam.332.1091767Masood Omar1521394Ghauri Shahid M. K.MiAaPQMiAaPQMiAaPQBOOK9910787402603321The rightful way of banking3760503UNINA