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Book Review: Towards Interest-Free Banking Institute of Islamic Culture, by: Shaikh Mahmud Ahmad, Reviewed by: ZIAUDDIN AHMAD مراجعة علمية لكتاب: نحو معهد بلا حدود للثقافة الإسلامية - تأليف: الشيخ محمود أحمد - مراجعة: ضياء الدين أحمد

Author

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  • ZIAUDDIN AHMAD

    (Formerly, Director General , International Institute of Islamic Economics, Islamabad, Pakistan)

Abstract

This book is of uneven merit. It contains a fairly good account of the attitudes towards the institution of interest through the ages. It also contains a fairly elaborate critique of the various theories of interest which have sought to justify a return on capital in the form of interest. However, its exposition of interest-free banking is marred by a number of deficiencies which seriously detract from the value of the book.

Suggested Citation

  • Ziauddin Ahmad, 1992. "Book Review: Towards Interest-Free Banking Institute of Islamic Culture, by: Shaikh Mahmud Ahmad, Reviewed by: ZIAUDDIN AHMAD مراجعة علمية لكتاب: نحو معهد بلا حدود للثقافة الإسلامية - تأليف: الشيخ محم," Book reviews and book reports published in the Journal of King Abdulaziz University: Islamic Economics. 466, King Abdulaziz University, Islamic Economics Institute..
    • Handle: RePEc:abd:jkaubr:466
    DOI: 10.4197/islec.4-1.4
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    Cited by:

    1. El-Gamal, Mahmoud A., 1998. "The Survival Of Islamic Banking: A Micro-Evolutionary Perspective," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 5, pages 1-19.

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