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Islamic Perspectives on Wealth Creation
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Islamic Perspectives on Wealth Creation

Munawar Iqbal and Rodney Wilson

Abstract

Debt finance involving interest payments – the standard method in the global economy – goes against Qur'anic teaching and Shariah law. Wealth creation is therefore one of the greatest challenges facing Muslims and the Islamic world. This book explores the longer-term issues of Islamic capital accumulation and its contribution to the development of Muslim societies in the East and West. Although many of these societies remain poor, it is shown that there is much positive experience to learn from – especially that wealth creation is most successful when the institutions created to harness and de ... More

Keywords: debt finance, Qur'anic teaching, Shariah law, wealth creation, social development, moral financing, Asian Islamic banking, banking efficiency, service quality, Islamic insurance

Bibliographic Information

Print publication date: 2005 Print ISBN-13: 9780748621002
Published to Edinburgh Scholarship Online: March 2012 DOI:10.3366/edinburgh/9780748621002.001.0001

Authors

Affiliations are at time of print publication.

Munawar Iqbal, author

Rodney Wilson, author

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Contents

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Part I Whither Islamic Banking?

Part II Islamic Retail Banking Issues

Part III Measuring Islamic Banking Efficiency

Part IV Islamic Mortgages, Insurance and Risk Management

Part V Equity Finance and Venture Capital