Developments in Islamic Banking

The Case of Pakistan
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Gewicht:
454 g
Format:
216x145x25 mm
Beschreibung:
This book explores the theoretical and practical features of Islamic banking. Using Pakistan as a detailed illustration, the text discusses recent developments and future prospects, demonstrating the model underpinning interest-free banking. It assesses the practical success of interest-free banking at both individual banks and state level.
An important contribution to the empirical literature on Islamic banking and finance, exploring theoretical and practical features, recent developments and future prospects of interest-free banking
Introduction The Guiding Principles and Goals of the Islamic Economic System The Interest-Free Finance Movement in Global Financial Markets The Conceptual Development of Interest-free Banking and Finance in Pakistan (The CII Report 1980) The Implementation and Practice of Interest-Free Banking and Finance in Pakistan (1981-1991) The 1991 Federal Shariat Court (FSC) Judgement on Interest (Riba) and Interest-free Banking Practice in Pakistan The Attempts of the Commission of Islamization of Economy (CIE) for the Revival of Interest-Free Banking and Finance Movement in Pakistan(1992-1998) The Supreme Court Judgements of 1999 and 2002 on Interest (Riba) and Interest-free Banking and Finance Practice in Pakistan The Causes of Failure of Interest-Free Banking and Finance Movement in Pakistan Summary and Conclusions

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