A History of Interest and Debt: Ancient Civilizations - Paperback

by Murat Ustaoğlu (Editor), Ahmet İncekara (Editor)

This book explores the roots of the prohibition of interest and how interest has been justified as a viable practice in financial transactions. It offers insight into the current nature of finance and economics and the distinctive features of Islamic finance, and enables researchers to review interest-free financing models.

Author Biography

Murat Ustaoğlu is an associate professor of economics at Istanbul University, Istanbul, Turkey, and currently a visiting scholar at the City University of New York, USA.

Ahmet İncekara is a professor of economics at Istanbul University, Istanbul, Turkey.