1st Edition

Interest in Islamic Economics Understanding Riba

By Abdulkader Thomas Copyright 2006
160 Pages
by Routledge

160 Pages
by Routledge

176 Pages
by Routledge

With Islamic banking gradually becoming a more influential factor in the West, an analysis of the concept of riba – a definition of which is not given in the Qur’an – is long overdue. This text presents readers with various interpretations of this Islamic economic concept – generally perceived as ‘interest’. Thomas provides a framework for understanding riba by examining: linguistics... Read more

The Book of Riba (proposed new title: Understanding Riba)

Table of Contents

 

Introduction – by Sh. Yusuf Talal DeLorenzo

 

Chapter 1: Riba in Lisan Al Arab, translators Abdulkader Thomas and Ruba Alfattouh

 

Chapter 2: In the Shadow of Deuteronomy, Vincent Cornell

 

Chapter 3: The Juridical Meaning of Riba, Sh. Wahba Al Zuhaili, translators Iman Abdul Rahim and Abdulkader Thomas

 

Chapter 4: An Overview of the Sharia’a Prohibition of Riba, Emad H. Khalil

 

Chapter 5: The Modern Debate over Riba in Egypt, Emad H. Khalil with Abdulkader Thomas

 

Chapter 6: Why has Islam Prohibited Interest, M. Umer Chapra

 

Chapter 7: An Attempt to Understand the Economic Wisdom (Hikma) in the prohibition of Riba, Mahmoud A. El-Gamal

 

Chapter 8: What is Riba, Abdulkader Thomas

 

Appendix: The Challenges in Pakistan, M. Akram Khan with Abdulkader Thomas

 

Biography

Abdulkader Thomas

'The volume is a useful reference for anyone wishing to understand the Koranic roots of the prohibition of interest, and of how this evolved in the four main schools of Islamic law.' - Middle Eastern Studies

 

'This book is comprehensive; it consists of scholarly papers and it is a must read for all students of Islamic economics and finance. The editor deserves our compliments for doing a good job in presenting all the angles on the debate of interest.'  - Muhammad Akram Khan, The Muslim World Book Review, 2009