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Document Details
Document Type
:
Article In Journal
Document Title
:
Towards Abolishing the Rate of Interest in Contemporary Islamic Societies
نحو إلغاء معدل الفائدة في المجتمعات الإسلامية المعاصرة
Subject
:
Articles
Document Language
:
English
Abstract
:
Demand for money and investment function in contemporary Islamic societies is measured through an econometric model to demonstrate that the rate of interest does not play any significant role in their determination. The same technique shows the rate of interest to be a significant determinant of these variables in non-Islamic countries with similar economies. It follows that prohibition of interest in Islam has influenced behaviour in Muslim countries. and that abolishing interest is not going to pose serious problems for them.
ISSN
:
1018-7383
Journal Name
:
Islamic Economics Journal
Volume
:
2
Issue Number
:
1
Publishing Year
:
1410 AH
1990 AD
Number Of Pages
:
21
Article Type
:
Article
Added Date
:
Sunday, October 11, 2009
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
مختار محمد متولي
MUKHTAR M. METWALLY
Researcher
Files
File Name
Type
Description
21156.pdf
pdf
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