A history of interest and debt: ancient civilizations
"With the spread of interest-based transactions, major problems such as inequality, poverty and debt-based slavery have emerged. Those who practiced professions such as usury have, despite the negative connotations attributed to them, contributed extensively to the construction of the conventio...
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| Other Authors: | , |
|---|---|
| Format: | Electronic eBook |
| Language: | English |
| Published: |
Abingdon, Oxon
Routledge
2020
|
| Series: | Islamic business and finance
Islamic business and finance series |
| Subjects: | |
| Online Access: | Volltext |
| Summary: | "With the spread of interest-based transactions, major problems such as inequality, poverty and debt-based slavery have emerged. Those who practiced professions such as usury have, despite the negative connotations attributed to them, contributed extensively to the construction of the conventional financial system in the global economy, suggesting that the core concepts in this practice need to be analyzed in greater depth and from a historical perspective. This book analyses the evolution of interest-bearing debt transactions from Ancient times to the era of Abrahamic religions. In modern times, interest is strictly prohibited by Islam but this book demonstrates that it is a practice that has been condemned and legally and morally prohibited in other civilizations, long before Islam outlawed it. Exploring the roots of this prohibition and how interest has been justified as a viable practice in economic and financial transactions, the book offers deep insight into the current nature of finance and economics, and the distinctive features of Islamic finance in particular and enables researchers to further delve into a review of interest-free financing models. Islamic finance, or alternative financial methods have become extremely popular particularly in the aftermath of global financial crises, suggesting that they will attract further interest in the future as well. The book is primarily aimed at undergraduate and graduate students but, as it avoids the use of technical jargon, it also speaks to a general readership. It will appeal to those who have an interest in financial history, particularly the history of borrowing practices as well"-- |
| Item Description: | Description based on online resource; title from digital title page (viewed on June 17, 2020) |
| Physical Description: | 1 online resource (xvii, 134 pages) |
| ISBN: | 9781003041214 1003041213 9781000089936 1000089932 9781000089868 100008986X 9781000089790 1000089797 |
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| id | DE-604.BV047017000 |
| illustrated | Not Illustrated |
| index_date | 2024-07-03T15:58:19Z |
| indexdate | 2024-07-10T09:00:15Z |
| institution | BVB |
| isbn | 9781003041214 1003041213 9781000089936 1000089932 9781000089868 100008986X 9781000089790 1000089797 |
| language | English |
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| series2 | Islamic business and finance Islamic business and finance series |
| spelling | A history of interest and debt ancient civilizations edited by Murat Ustaoğlu and Ahmet İncekara Abingdon, Oxon Routledge 2020 © 2020 1 online resource (xvii, 134 pages) txt rdacontent c rdamedia cr rdacarrier Islamic business and finance Islamic business and finance series Description based on online resource; title from digital title page (viewed on June 17, 2020) "With the spread of interest-based transactions, major problems such as inequality, poverty and debt-based slavery have emerged. Those who practiced professions such as usury have, despite the negative connotations attributed to them, contributed extensively to the construction of the conventional financial system in the global economy, suggesting that the core concepts in this practice need to be analyzed in greater depth and from a historical perspective. This book analyses the evolution of interest-bearing debt transactions from Ancient times to the era of Abrahamic religions. In modern times, interest is strictly prohibited by Islam but this book demonstrates that it is a practice that has been condemned and legally and morally prohibited in other civilizations, long before Islam outlawed it. Exploring the roots of this prohibition and how interest has been justified as a viable practice in economic and financial transactions, the book offers deep insight into the current nature of finance and economics, and the distinctive features of Islamic finance in particular and enables researchers to further delve into a review of interest-free financing models. Islamic finance, or alternative financial methods have become extremely popular particularly in the aftermath of global financial crises, suggesting that they will attract further interest in the future as well. The book is primarily aimed at undergraduate and graduate students but, as it avoids the use of technical jargon, it also speaks to a general readership. It will appeal to those who have an interest in financial history, particularly the history of borrowing practices as well"-- Interest rates / History Debt / History Consumer credit / History Interest (Islamic law) Ustaoglu, Murat 1976- edt İncekara, Ahmet edt https://www.taylorfrancis.com/books/9781003041214 Verlag URL des Erstveroeffentlichers Volltext |
| spellingShingle | A history of interest and debt ancient civilizations Interest rates / History Debt / History Consumer credit / History Interest (Islamic law) |
| title | A history of interest and debt ancient civilizations |
| title_auth | A history of interest and debt ancient civilizations |
| title_exact_search | A history of interest and debt ancient civilizations |
| title_exact_search_txtP | A history of interest and debt ancient civilizations |
| title_full | A history of interest and debt ancient civilizations edited by Murat Ustaoğlu and Ahmet İncekara |
| title_fullStr | A history of interest and debt ancient civilizations edited by Murat Ustaoğlu and Ahmet İncekara |
| title_full_unstemmed | A history of interest and debt ancient civilizations edited by Murat Ustaoğlu and Ahmet İncekara |
| title_short | A history of interest and debt |
| title_sort | a history of interest and debt ancient civilizations |
| title_sub | ancient civilizations |
| topic | Interest rates / History Debt / History Consumer credit / History Interest (Islamic law) |
| topic_facet | Interest rates / History Debt / History Consumer credit / History Interest (Islamic law) |
| url | https://www.taylorfrancis.com/books/9781003041214 |
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