Turkey could be considered the most important and leading Islamic country that has implemented the Western economic model successfully mostly because of the modernization efforts since late Ottoman period. As a result of the secularization efforts in the field of economy in early republican era,...

This Palgrave Pivot empirically analyzes the role of conventional and interest-free Islamic banking in the growth process of developing Islamic nations. After explaining the theoretical background of this dual banking system structure, the book then empirically analyzes growth in a variety of...

Cover -- Half Title -- Series Information -- Title Page -- Copyright Page -- Dedication -- Table of contents -- About the editors -- Contributors -- Foreword -- Preface -- Acknowledgments -- Chapter 1 Introduction to interest and debt -- Introduction -- The interest-bearing debt: conceptual...

"With the spread of interest-based transactions, major problems such as inequality, poverty and debt-based slavery have emerged. Those who practiced professions such as usury have, despite the negative connotations attributed to them, contributed extensively to the construction of the...

Economics, as a social science, is a discipline that seeks to ensure a sound relationship between man and the universe, paying attention to human factor the most. It relies on the assumption that man will become happy when he attains greater prosperity and seeks to ensure that every individual...

"It would be difficult to examine interest-free alternative financial systems without reviewing the evolution of debt; thus, this book offers a chronological account of the development of interest-bearing debt and contributors offer their take on how the issue of interest has been addressed...