Unlawful Gain and Legitimate Profit in Islamic Law
Discusses definition, genus and species of riba. Summarises the legal position of the four Sunni schools of fiqh and ‘Ibadi fiqh on riba. Discusses Islamic law on qardi and gharar. The last part is devoted to the financial system of Islam based on musharaka and mudaraba. The author has given an excellent account of the legal position of each school on riba and gharar, bai‘ salam, bai‘ juzaf and hawala, musharaka, ’ijara, ijara wa iqtina and mudaraba. A comprehensive book on the legal aspects of Islamic finance. For lawyers and Muslim economists. Based on primary sources. Documented.
Unlawful Gain and Legitimate Profit in Islamic Law
Monetary and Financial Theory and Institutions