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La finance islamique : fondements, théorie et réalité

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  • Martens, André

    (Département de sciences économiques, Université de Montréal)

Abstract

The practice of ribā ("usury" or "interest" in Arabic) is forbidden by Islam. This prohibition is inscribed in Islamic Law originating during the Middle Ages in The Arab Peninsula. It is at the core of what is called "Islamic finance", having had a remarkable expansion in the second part of the twentieth century. This article focuses on the origin of ribā prohibition, the problems facing Islamic finance at the eve of the third millennium and the development prospects of Islamic financial institutions. L’Islam interdit le ribā **, mot arabe signifiant à la fois usure et intérêt. L’interdiction du ribā figure dans la loi islamique, née dans l’Arabie du Moyen Âge. Elle est à la base de la finance islamique qui connut une expansion remarquable durant la deuxième moitié du XXe siècle. Nous nous interrogeons sur les origines de cette interdiction, sur les problèmes que connaît actuellement la finance islamique et sur ses perspectives d’avenir.

Suggested Citation

  • Martens, André, 2001. "La finance islamique : fondements, théorie et réalité," L'Actualité Economique, Société Canadienne de Science Economique, vol. 77(4), pages 475-498, décembre.
  • Handle: RePEc:ris:actuec:v:77:y:2001:i:4:p:475-498
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    References listed on IDEAS

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    1. Muhammad Anwar, 1992. "Islamic Banking in Iran and Pakistan: A Comparative Study," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 31(4), pages 1089-1097.
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    Cited by:

    1. Abderraouf Ben Ahmed Mtiraoui & Feriel Gabsi, 2018. "Finance Between Islamic Ethics, Conventional Reality and Economic Growth in the MENA Region [La finance entre l’éthique islamique, la réalité conventionnelle et croissance économique dans la région," Post-Print hal-02554666, HAL.
    2. François Facchini, 2011. "Economic freedom in Muslim countries : an explanation using the theory of institutional path dependency," Post-Print halshs-00587694, HAL.
    3. Chatti, Mohamed Ali, 2010. "Analyse Comparative Entre La Finance Islamique Et Le Capital-Risque," Etudes en Economie Islamique, The Islamic Research and Training Institute (IRTI), vol. 4, pages 65-95.
    4. Anouar Hassoune, 2003. "La solvabilité des banques islamiques : forces et faiblesses," Revue d'Économie Financière, Programme National Persée, vol. 72(3), pages 277-297.
    5. Samir ESSID & Ines Ben HAMOUDA Ep. Ben BRIKA, 2012. "Mesure des inégalités de revenus : Une analyse comparative," Journal of Academic Finance, RED research unit, university of Gabes, Tunisia, vol. 3(1), December.

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