In Saudi Arabia today a classic confrontation between Islamic fundamentalism and modernism has brought the Saudi banking system virtually to a state of paralysis. The debate is between those upholding the traditional Islamic prohibition against charging interest on loans and those who wish to see a modern banking system capable of generating credit to support economic development. Drawing on personal experience, interviews, and unpublished primary sources, Peter Wilson tells a dramatic story of powerful personalities, clashing cultures, and often mysterious institutions with a journalists’ eye for the telling anecdote as well as for the statistical evidence.
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A Question Of Interest: The Paralysis Of Saudi Banking
In Saudi Arabia today a classic confrontation between Islamic fundamentalism and modernism has brought the Saudi banking system virtually to a state of paralysis. The debate is between those upholding the traditional Islamic prohibition against charging interest on loans and those who wish to see a modern banking system capable of generating credit to support economic development. Drawing on personal experience, interviews, and unpublished primary sources, Peter Wilson tells a dramatic story of powerful personalities, clashing cultures, and often mysterious institutions with a journalists’ eye for the telling anecdote as well as for the statistical evidence.
51.99
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1
A Question Of Interest: The Paralysis Of Saudi Banking
308
A Question Of Interest: The Paralysis Of Saudi Banking
308
51.99
In Stock
Product Details
| ISBN-13: | 9780367165840 |
|---|---|
| Publisher: | Taylor & Francis |
| Publication date: | 06/13/2023 |
| Pages: | 308 |
| Product dimensions: | 6.00(w) x 9.00(h) x (d) |
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