Open AccessMuhammad Nejatullah Siddiqui. Issues in Islamic Banking: Selected Papers, Leicester: The Islamic Foundation. 1983 , I 52pp.Author and Subject Indexes.
Author(s) -
Shahrukh Rafi Khan
Publication year - 1983
Publication title -
pakistan development review
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.154
H-Index - 26
ISSN - 0030-9729
DOI - 10.30541/v22i1pp.57-61
Subject(s) - scrutiny , subject (documents) , islam , foundation (evidence) , islamic economics , islamic banking , profit (economics) , sociology , political science , positive economics , economics , computer science , law , history , library science , neoclassical economics , archaeology
The book under review is a compilation of the author'sarticles and lectures that highlight the prominent developments in theliterature on the subject of Islamic banking and inform the reader ofthe current state of debate on it. One of the earliest and maincontributors to this topic is the author himself. The focus of thisreview will mainly be on "Economics of Profit-Sharing", which is thetitle of the fourth chapter of the book and is among his latestcontributions. This chapter is a significant contribution as it is thefirst attempt to formalise the concept of profit sharing into ananalytical model and, therefore, demands closer scrutiny. However, inthe remaining chapters of the book, the author has drawn attention tosome of the fine points made in the literature on this topic. Since someof these points appear to be controversial to me, I will briefly discussthem before moving on to the analytical chapter of the book.