Yazar : A. A. Rushdi

Makale Finans 1987

Central Banking Policy: An Islamic Perspective

Monetary and Financial Theory and Institutions

Effects of the Elimination of Riba on Income Distribution

Interest distributes income unequally in the economy in a number of ways. Interest leads to unemployment. In an Islamic economy, because of a zero rate of interest, the marginal efficiency of capital will go up, leading to higher investment and higher employment. Analytical. For Muslim economists. Based on secondary sources. Documented.