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Riba in Islamic finance: Some fresh insights

Author

Listed:
  • Muhammad Akram KHAN

    (Former Director General, Accounting and Auditing Standards for Islamic Financial Institutions, Pakistan)

Abstract

This paper provides fresh insights into the concept of Riba in Islamic finance. It analyzes the historical, theological, and economic dimensions of Riba and its implications for financial transactions. The study argues for a clearer understanding of Riba to enhance the development of Islamic financial instruments.

Suggested Citation

  • Muhammad Akram KHAN, 2020. "Riba in Islamic finance: Some fresh insights," Journal of Economic and Social Thought, EconSciences Journals, vol. 7(1), pages 25-40, March.
    • Handle: RePEc:cvv:journ3:v:7:y:2020:i:1:p:25-40
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    References listed on IDEAS

    as
    1. Ugi Suharto, 2018. "Ribaand interest in Islamic finance: semantic and terminological ıssue," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 11(1), pages 131-138, March.
    2. Ugi Suharto, 2018. "Ribaand interest in Islamic finance: semantic and terminological ıssue," International Journal of Islamic and Middle Eastern Finance and Management, Emerald Group Publishing Limited, vol. 11(1), pages 131-138, March.
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      Keywords

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      JEL classification:

      • G20 - Financial Economics - - Financial Institutions and Services - - - General
      • Z12 - Other Special Topics - - Cultural Economics - - - Religion
      • N45 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Asia including Middle East

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