Rightful Way of Banking:
It has taken over five centuries for banking to evolve to its present state, and the concept of "interest" is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity...
Gespeichert in:
| 1. Verfasser: | |
|---|---|
| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Newcastle upon Tyne
Cambridge Scholars Publishing
2015
|
| Ausgabe: | 1st ed |
| Schlagworte: | |
| Zusammenfassung: | It has taken over five centuries for banking to evolve to its present state, and the concept of "interest" is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term "riba-eater" being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following the jurisprudence laid in the Quran and Sunnah of Prophet Mohammad (sallallahu alayhi wa sallam). As such, this mode of banking and finance without riba is recognised as "Islamic banking". This name has often been criticised by scholars as there is no philosophy of banking in Islamic teachings. Consequently, some of the banks that follow these regulations have adopted other names, such as savings banks and finance houses. This book explains the philosophies behind the current trend in riba-free banking which is implemented as Islamic banking around the world. The book is divided into five sections, the first of which is related to the introduction of riba-free banking. The second is related to the fundamentals, concepts and beliefs of riba-free banking organisations, while the third differentiates between two streams of financial models. The fourth section explains risk management in riba-free banking, while the final section discusses international institutions related to the riba-free financial system. The book also contains a glossary of terms related to riba-free banking, and a terms index for reader's ease in academic study |
| Beschreibung: | Description based on publisher supplied metadata and other sources |
| Beschreibung: | 1 online resource (237 pages) |
| ISBN: | 9781443875240 9781443870535 |
Internformat
MARC
| LEADER | 00000nmm a2200000zc 4500 | ||
|---|---|---|---|
| 001 | BV043620986 | ||
| 003 | DE-604 | ||
| 005 | 00000000000000.0 | ||
| 007 | cr|uuu---uuuuu | ||
| 008 | 160616s2015 |||| o||u| ||||||eng d | ||
| 020 | |a 9781443875240 |9 978-1-4438-7524-0 | ||
| 020 | |a 9781443870535 |c Print |9 978-1-4438-7053-5 | ||
| 035 | |a (ZDB-30-PQE)EBC2076831 | ||
| 035 | |a (ZDB-89-EBL)EBL2076831 | ||
| 035 | |a (ZDB-38-EBR)ebr11019553 | ||
| 035 | |a (OCoLC)903318522 | ||
| 035 | |a (DE-599)BVBBV043620986 | ||
| 040 | |a DE-604 |b ger |e rda | ||
| 041 | 0 | |a eng | |
| 082 | 0 | |a 332.1091767 | |
| 100 | 1 | |a Masood, Omar |e Verfasser |4 aut | |
| 245 | 1 | 0 | |a Rightful Way of Banking |
| 250 | |a 1st ed | ||
| 264 | 1 | |a Newcastle upon Tyne |b Cambridge Scholars Publishing |c 2015 | |
| 264 | 4 | |c © 2015 | |
| 300 | |a 1 online resource (237 pages) | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b c |2 rdamedia | ||
| 338 | |b cr |2 rdacarrier | ||
| 500 | |a Description based on publisher supplied metadata and other sources | ||
| 520 | |a It has taken over five centuries for banking to evolve to its present state, and the concept of "interest" is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term "riba-eater" being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following the jurisprudence laid in the Quran and Sunnah of Prophet Mohammad (sallallahu alayhi wa sallam). As such, this mode of banking and finance without riba is recognised as "Islamic banking". This name has often been criticised by scholars as there is no philosophy of banking in Islamic teachings. Consequently, some of the banks that follow these regulations have adopted other names, such as savings banks and finance houses. This book explains the philosophies behind the current trend in riba-free banking which is implemented as Islamic banking around the world. The book is divided into five sections, the first of which is related to the introduction of riba-free banking. The second is related to the fundamentals, concepts and beliefs of riba-free banking organisations, while the third differentiates between two streams of financial models. The fourth section explains risk management in riba-free banking, while the final section discusses international institutions related to the riba-free financial system. The book also contains a glossary of terms related to riba-free banking, and a terms index for reader's ease in academic study | ||
| 650 | 4 | |a Bank | |
| 650 | 4 | |a Religion | |
| 650 | 4 | |a Banks and banking -- Religious aspects -- Islam | |
| 700 | 1 | |a Ghauri, Shahid M. K. |e Sonstige |4 oth | |
| 776 | 0 | 8 | |i Erscheint auch als |n Druck-Ausgabe |a Masood, Omar |t Rightful Way of Banking |
| 912 | |a ZDB-30-PQE |a ZDB-30-PBE | ||
| 999 | |a oai:aleph.bib-bvb.de:BVB01-029035045 | ||
Datensatz im Suchindex
| _version_ | 1804176360079360000 |
|---|---|
| any_adam_object | |
| author | Masood, Omar |
| author_facet | Masood, Omar |
| author_role | aut |
| author_sort | Masood, Omar |
| author_variant | o m om |
| building | Verbundindex |
| bvnumber | BV043620986 |
| collection | ZDB-30-PQE ZDB-30-PBE |
| ctrlnum | (ZDB-30-PQE)EBC2076831 (ZDB-89-EBL)EBL2076831 (ZDB-38-EBR)ebr11019553 (OCoLC)903318522 (DE-599)BVBBV043620986 |
| dewey-full | 332.1091767 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 332 - Financial economics |
| dewey-raw | 332.1091767 |
| dewey-search | 332.1091767 |
| dewey-sort | 3332.1091767 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 1st ed |
| format | Electronic eBook |
| fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03080nmm a2200421zc 4500</leader><controlfield tag="001">BV043620986</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">160616s2015 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781443875240</subfield><subfield code="9">978-1-4438-7524-0</subfield></datafield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9781443870535</subfield><subfield code="c">Print</subfield><subfield code="9">978-1-4438-7053-5</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-30-PQE)EBC2076831</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-89-EBL)EBL2076831</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-38-EBR)ebr11019553</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)903318522</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV043620986</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.1091767</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Masood, Omar</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Rightful Way of Banking</subfield></datafield><datafield tag="250" ind1=" " ind2=" "><subfield code="a">1st ed</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Newcastle upon Tyne</subfield><subfield code="b">Cambridge Scholars Publishing</subfield><subfield code="c">2015</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">© 2015</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 online resource (237 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Description based on publisher supplied metadata and other sources</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">It has taken over five centuries for banking to evolve to its present state, and the concept of "interest" is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term "riba-eater" being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following the jurisprudence laid in the Quran and Sunnah of Prophet Mohammad (sallallahu alayhi wa sallam). As such, this mode of banking and finance without riba is recognised as "Islamic banking". This name has often been criticised by scholars as there is no philosophy of banking in Islamic teachings. Consequently, some of the banks that follow these regulations have adopted other names, such as savings banks and finance houses. This book explains the philosophies behind the current trend in riba-free banking which is implemented as Islamic banking around the world. The book is divided into five sections, the first of which is related to the introduction of riba-free banking. The second is related to the fundamentals, concepts and beliefs of riba-free banking organisations, while the third differentiates between two streams of financial models. The fourth section explains risk management in riba-free banking, while the final section discusses international institutions related to the riba-free financial system. The book also contains a glossary of terms related to riba-free banking, and a terms index for reader's ease in academic study</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Bank</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Religion</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Banks and banking -- Religious aspects -- Islam</subfield></datafield><datafield tag="700" ind1="1" ind2=" "><subfield code="a">Ghauri, Shahid M. K.</subfield><subfield code="e">Sonstige</subfield><subfield code="4">oth</subfield></datafield><datafield tag="776" ind1="0" ind2="8"><subfield code="i">Erscheint auch als</subfield><subfield code="n">Druck-Ausgabe</subfield><subfield code="a">Masood, Omar</subfield><subfield code="t">Rightful Way of Banking</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-30-PQE</subfield><subfield code="a">ZDB-30-PBE</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-029035045</subfield></datafield></record></collection> |
| id | DE-604.BV043620986 |
| illustrated | Not Illustrated |
| indexdate | 2024-07-10T07:30:56Z |
| institution | BVB |
| isbn | 9781443875240 9781443870535 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-029035045 |
| oclc_num | 903318522 |
| open_access_boolean | |
| physical | 1 online resource (237 pages) |
| psigel | ZDB-30-PQE ZDB-30-PBE |
| publishDate | 2015 |
| publishDateSearch | 2015 |
| publishDateSort | 2015 |
| publisher | Cambridge Scholars Publishing |
| record_format | marc |
| spelling | Masood, Omar Verfasser aut Rightful Way of Banking 1st ed Newcastle upon Tyne Cambridge Scholars Publishing 2015 © 2015 1 online resource (237 pages) txt rdacontent c rdamedia cr rdacarrier Description based on publisher supplied metadata and other sources It has taken over five centuries for banking to evolve to its present state, and the concept of "interest" is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term "riba-eater" being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following the jurisprudence laid in the Quran and Sunnah of Prophet Mohammad (sallallahu alayhi wa sallam). As such, this mode of banking and finance without riba is recognised as "Islamic banking". This name has often been criticised by scholars as there is no philosophy of banking in Islamic teachings. Consequently, some of the banks that follow these regulations have adopted other names, such as savings banks and finance houses. This book explains the philosophies behind the current trend in riba-free banking which is implemented as Islamic banking around the world. The book is divided into five sections, the first of which is related to the introduction of riba-free banking. The second is related to the fundamentals, concepts and beliefs of riba-free banking organisations, while the third differentiates between two streams of financial models. The fourth section explains risk management in riba-free banking, while the final section discusses international institutions related to the riba-free financial system. The book also contains a glossary of terms related to riba-free banking, and a terms index for reader's ease in academic study Bank Religion Banks and banking -- Religious aspects -- Islam Ghauri, Shahid M. K. Sonstige oth Erscheint auch als Druck-Ausgabe Masood, Omar Rightful Way of Banking |
| spellingShingle | Masood, Omar Rightful Way of Banking Bank Religion Banks and banking -- Religious aspects -- Islam |
| title | Rightful Way of Banking |
| title_auth | Rightful Way of Banking |
| title_exact_search | Rightful Way of Banking |
| title_full | Rightful Way of Banking |
| title_fullStr | Rightful Way of Banking |
| title_full_unstemmed | Rightful Way of Banking |
| title_short | Rightful Way of Banking |
| title_sort | rightful way of banking |
| topic | Bank Religion Banks and banking -- Religious aspects -- Islam |
| topic_facet | Bank Religion Banks and banking -- Religious aspects -- Islam |
| work_keys_str_mv | AT masoodomar rightfulwayofbanking AT ghaurishahidmk rightfulwayofbanking |