Posts Tagged ‘riba’


Timur Kuran on Islamic Economics

Timur Kuran (Duke University) discusses the movement known as Islamic economics, focusing on its origins, policy prescriptions, and consequences. We survey the thought of Sayyid Abul-Ala Mawdudi in the middle part of the 20th century, how his ideas spread and were institutionalized in the 1970s. Attention is paid specifically to Islamic banking, interest rates, and social welfare policies.

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