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Islamic Finance on Hardback by P. Mills
Islamic Finance on Hardback by P. Mills
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Islamic Finance

Theory and Practice
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Description

Given the propensity of the world financial system to crisis, this work explores the radical alternative put forward by Islamic (and western) theories of non-interest banking. The Islamic critique of interest and early experiments with non-interest banking are assessed against the conventional theories regarding banking, company finance and macroeconomic stability. Whilst the experience of Islamic banking has proved inconclusive thus far, the theoretical model provides a cogent alternative to a financial system made fragile by debt contracts.

Author Biography:

PAUL S. MILLS is Manager, UK Debt Management Office, HM Treasury, Threadneedle Street, London JOHN R. PRESLEY is Professor of Economics at Loughborough University. He has written or edited over fifteen books including Banking in the Arab Gulf (with Rodney Wilson), A Guide to the Saudi Arabian Economy (with A. J. Westaway) and Islamic Financial Institutions.
Release date NZ
August 4th, 1999
Audience
  • Professional & Vocational
Illustrations
IX, 171 p.
Pages
171
Dimensions
140x216x16
ISBN-13
9780333490839
Product ID
1992567

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Islamic Finance on Hardback by P. Mills
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Islamic Finance
by P. Mills ~ Hardback
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