Table of contents
Religious texts, moral prescriptions and economy: the case of interest
James B. SauerOutlines the attitudes of Judaism, Christianity and Islam to usury, discusses the application of religious principles to economic transactions and argues that Islamic practices…
The gold standard: a critique of Friedman, Mundell, Hayek and Greenspan from the free enterprise perspective
Walter BlockArgues that the gold standard is the only monetary regime consistent with the philosophy of free enterprise and assesses the contributions of Friedman, Mundell and Hayek to…
Resource allocation, investment decision and economic welfare: capitalism, socialism and Islam
M. Abdul Mannan ChowdhuryDiscusses how resources are allocated in capitalist and socialist economies comparing the concept of interest (e.g. for present value calculations) with the use of capital charges…
A brief note on the Islamic financial system
Muhammad LoqmanOutlines the characteristics of a just financial system and compares the Islamic one with others. Lists the financial instruments which enable Islamic systems to deal with the…
Islamic banking in theory and practice: the experience of Bangladesh
M. Kabir HassanDefines an Islamic bank, notes their rapid growth in the last twenty years and explains the financial instruments they use to conform with the prohibition on interest. Considers…
ISSN:
0307-4358Online date, start – end:
1975Copyright Holder:
Emerald Publishing LimitedOpen Access:
hybridEditor:
- Professor Don Johnson