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21 251 Ft
Availability
Estimated delivery time: In stock at the publisher, but not at Prospero's office. Delivery time approx. 3-5 weeks.
Not in stock at Prospero.
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Delivery time is estimated on our previous experiences. We give estimations only, because we order from outside Hungary, and the delivery time mainly depends on how quickly the publisher supplies the book. Faster or slower deliveries both happen, but we do our best to supply as quickly as possible.
Product details:
- Edition number 1
- Publisher Routledge
- Date of Publication 29 April 2022
- ISBN 9780367517755
- Binding Paperback
- No. of pages152 pages
- Size 234x156 mm
- Weight 453 g
- Language English
- Illustrations 1 Tables, black & white 708
Categories
Short description:
This book explores the roots of the prohibition of interest and how interest has been justified as a viable practice in financial transactions. It offers insight into the current nature of finance and economics and the distinctive features of Islamic finance, and enables researchers to review interest-free financing models.
MoreLong description:
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 analyzes 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 debt as well.
MoreTable of Contents:
1. An introduction to interest and debt 2. Dynamics of Social Life in Ancient Mesopotamian Civilizations as Historical Precursors of Interest/riba within the Context of Religion, Politics and Economics 3. Institutional Interest-bearing Debt in Ancient Civilizations: Sumerian Era 4. The Merchant Societies and Usury: Assyrians and Babylonians 5. Social Costs of Interest-bearing Debt in Ancient Greece 6. Debt and Politics in Ancient Roman 7. Interest-bearing Debt in Ancient Egypt 8. Interest and Debt in Ancient China 9. Dynamics of Interest-bearing Debt in Hinduism 10. Interest and Debt in the Buddhist Economic Doctrine 11. Interest and Debt in Ancient Era
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