ENGLISH

Developments in Islamic Banking: The Case of Pakistan (Palgrave Macmillan Studies in Banking and Financial Institutions)

Book information

Year
2008
ISBN
1403998779, 9781403998774
LCC
HG3290.5.A6 K427 2007
Open Library ID
OL11643174M
Language
english
Format
PDF
Filesize
924 kB (946652 bytes)
Pages
256\291
Topic
Economy
Time added
2011-06-04 13:46:07

Description

Explores the theoretical and practical features, recent developments and future prospects of interest-free banking, illustrated by a detailed analysis of the past twenty-five years of the interest-free banking movement in Pakistan (1980-2005). It helps the reader to understand the model underpinning interest-free banking, based on principles of free market mechanism, efficiency, ethical investment and socio-economic justice. And it assesses the practical success of interest-free banking at individual Islamic banks and at state level, as in the case of Pakistan.

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