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Usury and its Critics: From the Middle Ages to Modernity

In: The Foundations of Islamic Banking

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  • Constant Mews
  • Adrian Walsh

Abstract

After barely half a century of experience, Islamic banking has become established as a niche industry across the world, offering new and sophisticated financial products designed to be compliant with Islamic legal principles and common law. This comprehensive book explores the theory, principles and practices underpinning this rapidly expanding sector of banking.

Suggested Citation

  • Constant Mews & Adrian Walsh, 2011. "Usury and its Critics: From the Middle Ages to Modernity," Chapters, in: Mohamed Ariff & Munawar Iqbal (ed.), The Foundations of Islamic Banking, chapter 11, Edward Elgar Publishing.
    • Handle: RePEc:elg:eechap:14217_11
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    References listed on IDEAS

    as
    1. Constant Mews & Ibrahim Abraham, 2007. "Usury and Just Compensation: Religious and Financial Ethics in Historical Perspective," Journal of Business Ethics, Springer, vol. 72(1), pages 1-15, April.
    2. Joseph Persky, 2007. "Retrospectives: From Usury to Interest," Journal of Economic Perspectives, American Economic Association, vol. 21(1), pages 227-236, Winter.
    3. Samuel Hollander, 1999. "Jeremy Bentham and Adam Smith on the usury laws: a 'Smithian' reply to Bentham and a new problem," The European Journal of the History of Economic Thought, Taylor & Francis Journals, vol. 6(4), pages 523-551.
    4. Maria Pia Paganelli, 2003. "In Medio Stat Virtus: An Alternative View of Usury in Adam Smith's Thinking," History of Political Economy, Duke University Press, vol. 35(1), pages 21-48, Spring.
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