Developments in Islamic Banking: The Case of Pakistan
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Developments in Islamic Banking: The Case of Pakistan

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ISBN-13:
9781403998774
Einband:
Buch
Erscheinungsdatum:
01.01.2008
Seiten:
264
Autor:
M. Khan
Gewicht:
454 g
Format:
216x145x25 mm
Serie:
Palgrave MacMillan Studies in
Sprache:
Englisch
Beschreibung:

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
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.