Interest, Usury and the Islamic Development Bank
LL.M. Dissertation presented at Georgetown University, Washington. Traces the monetary and financial history of Muslims in medieval times, highlighting institutions and practices. In the second part, describes the evolution of interest-based banking in the U.S. In the last part, introduces Islamic Development Bank (IDB) Jeddah as an interest-free international bank. Explains various types of contracts adopted by the IDB. Legalistic approach. Based on secondary as well as primary sources. Documented.