This paper reviews the progress of Islamic banking from both theoretical and practical aspects. It highlights the basic principles on which Islamic banking is based and describes the operational details of Islamic banks. It mentions some of the misgivings with respect to the viability of Islamic...

This book is of uneven merit. It contains a fairly good account of the attitudes towards the institution of interest through the ages. It also contains a fairly elaborate critique of the various theories of interest which have sought to justify a return on capital in the form of interest....

The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state`s responsibility to assure at least a basic minimum standard of living for all citizens....