Islamic Finance

Theory and Practice

Authors: Mills, P., Presley, J.

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About this book

Given the propensity of the world financial system to crisis, this book 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.

About the authors

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.

Table of contents (9 chapters)

Table of contents (9 chapters)

Buy this book

eBook 129,99 €
price for Spain (gross)
  • ISBN 978-0-230-28847-8
  • Digitally watermarked, DRM-free
  • Included format: PDF
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Hardcover 155,99 €
price for Spain (gross)
  • ISBN 978-0-312-22448-6
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Shipping restrictions
  • This title is currently reprinting. You can pre-order your copy now.
  • The final prices may differ from the prices shown due to specifics of VAT rules
Hardcover 161,19 €
price for Spain (gross)
  • ISBN 978-0-333-49083-9
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Islamic Finance
Book Subtitle
Theory and Practice
Authors
Copyright
1999
Publisher
Palgrave Macmillan UK
Copyright Holder
Palgrave Macmillan, a division of Macmillan Publishers Limited
Distribution Rights
Distribution rights are restricted. Dual edition
eBook ISBN
978-0-230-28847-8
DOI
10.1057/9780230288478
Hardcover ISBN
978-0-312-22448-6
Hardcover ISBN
978-0-333-49083-9
Edition Number
1
Number of Pages
IX, 171
Topics