Islam men Waqt ki Qimat ki Haithiyyat (Time Value of Money in Islam)
Urdu translation of his paper published by C.R.I.E., Jeddah in Arabic in 1986. Argues that Islamic law recognises the difference in price due to time. The cash price can be legitimately different (lower) than the credit price (higher). The concept of present value of money is Islamic and so is discounting. Discounting tables of compound interest can be used to appraise projects. Juridical. Based on primary sources. For Muslim economists. Documented.
Banking System in Islam
Paper Presented to the Second International Conference on Islamic Economics