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Islamic Economics Institute
Document Details
Document Type
:
Article In Journal
Document Title
:
Origin and Development of Commercial and Islamic Banking Operations
أصل وتطور العمليات المصرفية التجارية والإسلامية
Subject
:
Origin and Development of Commercial and Islamic Banking Operations
Document Language
:
Arabic
Abstract
:
Banking is often considered by most economists as a modern device of recent origin (12th Century AD Italy), but a glance, at the origin and development of financial operations throughout history, will dispel the notion of novelty as we can see from this paper. The purpose of this paper is: • Firstly, to show that banking operations were practised by almost all known early civilizations, long before 12th Century AD Italy; • Secondly, to prove that Islam not only allowed but encouraged such operations on a scale which surpassed anything known before; • Thirdly, to show that the Italian bankers learnt these operations from the Muslim, Christian and Jewish traders of the Muslim world with whom they had long and strong commercial relationships between the 10th and 12th centuries AD; and • Finally, to trace the origin and development of what is known as 'Islamic banking'.
ISSN
:
1018-7383
Journal Name
:
Islamic Economics Journal
Volume
:
21
Issue Number
:
2
Publishing Year
:
1429 AH
2008 AD
Article Type
:
Article
Added Date
:
Saturday, July 3, 2010
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
عبدالقادر حسين شاشي
Chachi, AbdelKader Husain
Researcher
Doctorate
a_chachi@hotmail.co.uk
Files
File Name
Type
Description
27296.pdf
pdf
أصل وتطور العمليات المصرفية التجارية والإسلامية
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