ISLAM AND THE THEORY OF INTEREST

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The author puts the theories of interest from the times of Plato to Lord Keynes under searching criticism and for the first time the Islamic theory of interest has been fully expounded. It shows that the Islamic theory of interest, according to which the maximum rate of interest allowed is zero, is one which sets an example for the modern world to follow.

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Dr. Anwar Iqbal Qureshi

The author puts the theories of interest from the times of Plato to Lord Keynes under searching criticism and for the first time the Islamic theory of interest has been fully expounded. It shows that the Islamic theory of interest, according to which the maximum rate of interest allowed is zero, is one which sets an example for the modern world to follow.

ISBN No. 969-432-165-4.     14 cm. x 21.5 cm. xxiv+223 pp. (H.B)

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