Usury (Riba) and the Place of Bank Interest in Islamic Banking and Finance
This paper examines the concept of usury or Riba as was understood at the time of the Prophet of Islam and his contemporaries in Mecca and Medina, and what differing interpretations of the term developed in succeeding centuries in Muslim populated countries of the world. It gives a brief summary of...
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Format: | Article |
Language: | English |
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Universiti Utara Malaysia
2009-03-01
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Series: | The International Journal of Banking and Finance |
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Online Access: | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8379 |