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This book explores Islamic finance in depth, comparing it to the conventional system. It begins by tracing the evolution of Islamic finance and its emergence as a viable alternative to the crises of the conventional model. Through an analysis of the fundamental principles of Islamic finance - prohibition of interest (riba), risk sharing, anchoring in the real economy - it highlights its differences from conventional financing based on credit and speculation.
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This book explores Islamic finance in depth, comparing it to the conventional system. It begins by tracing the evolution of Islamic finance and its emergence as a viable alternative to the crises of the conventional model. Through an analysis of the fundamental principles of Islamic finance - prohibition of interest (riba), risk sharing, anchoring in the real economy - it highlights its differences from conventional financing based on credit and speculation.