Work

Interest prohibition and financial product innovation

Year: 2011
Type: preprint
Abstract: We give a rough sketch of the Judaic, Greek, Islamic and Christian positions in the matter of interest prohibition during the last few millennia and discuss the way in which interest prohibition is dealt with in Islamic finance, the problems with authority-based arguments for interest prohibition, and the prospects of interest prohibition with the advent of electronic money.
Language: English
Subfield: Accounting
Open Access status: green
OpenAlex ID: W2107053546
Cites: 12
Cited by: 11
Related to: 10