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Book Review: Islamic Banking and Interest : A Study of the Prohibition of Riba And its Contemporary Interpretation, by: Abdullah Saeed, Reviewed by: Rfiq Al-Masri مراجعة علمية لكتاب: العمل المصرفي الإسلامي والفائدة : دراسة في حرمة الربا وتفسيره المعاصر - تأليف: عبدالله سعيد - مراجعة: رفيق يونس المصري

Author

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  • Rafiq Yunus Al-Masri

    (Islamic Economics Research Centre, King Abdulaziz University, Jeddah, Saudi Arabia)

Abstract

The book is made up of an introduction, a conclusion and eight chapters. The first chapter deals with the historical development of Islamic banking. The second chapter discusses the prohibition of riba in the Qur'an, Sunnah and Islamic law (fiqh). Chapter three deals with the modern interpretation of riba. Chapter four examines the profit and loss sharing system: mudarabah and musharakah. Chapter five examines murabahah. Chapter six discusses the banker-depositor relationship. Chapter seven examines the legal opinions of different religious supervisory boards and chapter eight deals with ijtihad and calls for new interpretation of riba.

Suggested Citation

  • Rafiq Yunus Al-Masri, 2004. "Book Review: Islamic Banking and Interest : A Study of the Prohibition of Riba And its Contemporary Interpretation, by: Abdullah Saeed, Reviewed by: Rfiq Al-Masri مراجعة علمية لكتاب: العمل المصرفي الإ," Book reviews and book reports published in the Journal of King Abdulaziz University: Islamic Economics. 335, King Abdulaziz University, Islamic Economics Institute..
    • Handle: RePEc:abd:jkaubr:335
    DOI: 10.4197/islec.17-2.4
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