1st Edition
Money in Islam A Study in Islamic Political Economy
By Masudul A. Choudhury
Copyright 1997
332 Pages
by
Routledge
336 Pages
by
Routledge
336 Pages
by
Routledge
Also available as eBook on:
This volume takes a unique and challenging look at how money has operated in Islamic society and at how Islamic theoretical frameworks have influenced perceptions of money.
The author draws upon historical, data and policy analysis to present a comparative study of monetary theories, including recent treatment of money by Islamic economists. Discussion also covers the nature of joint venture, stock markets, banks and financial intermediaries, price stability and international trade. This work sheds pioneering light in this area, and will be of interest to academics, graduates and researchers internationally.
Chapter 1 THE ISLAMIC EPISTEMOLOGICAL FOUNDATIONS OF A THEORY OF MONEY, ORGANIZATION AND MARKETS; Chapter 2 THE THEORY OF ENDOGENOUS MONEY IN COMPARATIVE ISLAMIC PERSPECTIVES; Chapter 3 HISTORY OF ENDOGENOUS MONEY IN ISLAM; Chapter 4 JOINT VENTURE AS A PRINCIPAL ISLAMIC FINANCIAL INSTRUMENT; Chapter 5 A GENERALIZED THEORY OF ISLAMIC DEVELOPMENT FINANCING IN THE LIGHT OF ENDOGENOUS MONETARY THEORY; Chapter 6 A MODEL OF THE STOCK MARKET WITH EXTENSIVE INTERACTIONS; Chapter 7 MONEY AND ISLAMIC FINANCIAL INSTITUTIONS IN A GENERAL EQUILIBRIUM SYSTEM OF ISLAMIC POLITICAL ECONOMY; Chapter 8 EXTERNAL SECTOR MULTIPLIER RELATIONS OF ENDOGENOUS MONEY; Chapter 9 A GENERAL EQUILIBRIUM TREATMENT OF MONEY, FINANCE AND TRADE; Chapter 10 A GENERAL EQUILIBRIUM TREATMENT OF MONEY, FINANCE AND TRADE; Chapter GLOSSARY OF ESSENTIAL ARABIC TERMS;
Biography
Masudul Alam Choudhury
