The authors provide a comprehensive background for recent international financial crises--rapid expansion of interest-bearing debt and monetary expansion though the fractional reserve banking system. In this context, the authors provide an analysis of the experience and issues associated with...

Preface -- Nature and dangers of statism -- The government from a sharia perspective -- Sharia free market model -- Zakat : a mandatory redistributive principle of a Sharia model -- Fiscal policy from a sharia perspective -- Nature of money in sharia -- On the nature of inflationary financing --...