The concept of interest in the Western and Middle Eastern society

Description

The entire banking systems in the western societies is based on the use of interest. The bank charges the borowers interest on its loans and pays its depositors interest on their deposits. On the other hand, the Middle Eastern banking system is an interest free system that prohibits the use of interest, either in receipt or in payment.

Links & Downloads

1. https://scholarworks.lib.csusb.edu/etd-project/2351
2. https://scholarworks.lib.csusb.edu/cgi/viewcontent.cgi?article=3352&context=etd-project

Tags

Interest

Banks and banking -- United States

Banks and banking -- Middle East

Finance -- United States

Interest (Islamic law)

Finance -- Middle East

Critical and Cultural Studies

International Business

Additional Fields

Identifer	oai:union.ndltd.org:csusb.edu/oai:scholarworks.lib.csusb.edu:etd-project-3352
Date	01 January 2003
Creators	Ben Amira, Mustapha
Publisher	CSUSB ScholarWorks
Source Sets	California State University San Bernardino
Detected Language	English
Type	text
Format	application/pdf
Source	Theses Digitization Project