Developments in Islamic banking: the case of Pakistan

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2008

Authors

Khan, M.M.
Bhatti, M.I.

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Book

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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."--BOOK JACKET.

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Copyright 2008 Palgrave Macmillan

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