Developments in Islamic Banking The Case of Pakistan

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Developments in Islamic Banking The Case of Pakistan by Khan, Mohammad Mansoor; Bhatti, M. Ishaq, 9781403998774
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  • ISBN: 9781403998774 | 1403998779
  • Cover: Hardcover
  • Copyright: 8/15/2008

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Explores the theoretical and practical features, recent developments and future prospects of interest-free banking, illustrated by a detailed analysis of the past twenty-five years of the interest-free banking movement in Pakistan (1980-2005). It helps the reader to understand the model underpinning interest-free banking, based on principles of free market mechanism, efficiency, ethical investment and socio-economic justice. And it assesses the practical success of interest-free banking at individual Islamic banks and at state level, as in the case of Pakistan.
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