Islamic Banking - A $300 Billion Deception

Description: Please refer to the section BELOW (and NOT ABOVE) this line for the product details - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - Title:Islamic Banking - A $300 Billion DeceptionISBN13:9781599268699ISBN10:1599268698Author:Saleem, Muhammad (Author)Description:Islamic Banks Currently Control About $300 Billion In Assets This Book Assesses The Underlying Rationale Of Islamic Banking, That The Quran Prohibits All Forms Of Interest The Author Maintains That, First, A Correct Interpretation Of The Quran, Keeping In Mind The Context, Would Indicate That What The Quran Prohibits Is Usury -Exorbitant Interest Second, Islamic Banks Do Not Practice What They Preach; They All Charge Interest, But Disguised In Islamic Garb Thus They Engage In Deceptive And Dishonest Banking Practices The Author Also Offers Some Policy Recommendations, Including The Need For Ijtihad, Enlightenment, And Critical Thinking Islamic Banks, If They Wish To Practice Genuine And Authentic Islamic Banking, Should Become More Like Venture Capital Firms Binding:Paperback, PaperbackPublisher:AUTHORHOUSEPublication Date:2006-01-31Weight:0.26 lbsDimensions:0.17'' H x 9'' L x 6'' WNumber of Pages:72Language:English

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Book Title: Islamic Banking - A $300 Billion Deception : Observations and Arguments on Riba (interest or usury), Islamic Banking Practices, Venture Capital and Enlightenment

Author: Muhammad Saleem

Format: Trade Paperback

Language: English

Topic: Banks & Banking, Finance / General

Publisher: Xlibris Corporation LLC

Publication Year: 2006

Genre: Business & Economics

Number of Pages: 69 Pages