The Causes and Consequences of Interest Theory: Analyzing Interest through Conventional and Islamic Economics – Ebook Instant Download/Delivery ISBN(s): 9783030787011,303078701X,9783030787028, 3030787028

Product details:

• ISBN-10: 3030787028
• ISBN-13: 9783030787028
• Author: Cem Eyerci

Interest has always been a part of humans’ daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers. This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists. It evaluates the theory of interest presented by Böhm-Bawerk, which is the most respected and applicable theory at present. It provides an in-depth analysis of the current literature, and it is the first book to scrutinize the interpretation of Islamic economists on the concepts of time preference and interest rate control. This book will be of interest to academics and students of economics and Islamic economics.

Table contents:

1. Some Introductory Remarks

2. The Concept of Interest: Meaning and History

3. Theoretical Development and the Time Preference Theory

4. The Motivation for Controlling Interest and Its Instruments

5. Interest Rate Control

6. Basics of Islamic Economics and the Prohibition of Riba

7. Time Preference and Price Control in Islamic Economics

8. Conclusion

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