IMF Staff papers : Volume 33 No. 1
This paper begins by describing the basic concepts of Islamic banking, focusing on the issue of elimination of the rate of interest from the system. Islam expressly prohibits a fixed or predetermined return on financial transactions but allows uncertain rates of return deriving from risk-taking acti...
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| Format: | Book |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1986
Washington, D.C. : 1986 |
| Series: | IMF Staff Papers; IMF Staff Papers ;
No. 1986/001 IMF eLibrary |
| Subjects: |