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Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
Building Genuine Islamic Financial Institutions

Building Genuine Islamic Financial Institutions

Paperback

Series: Pide Working Paper

Business General

ISBN10: 150290828X
ISBN13: 9781502908285
Publisher: Createspace
Published: Oct 10 2014
Pages: 26
Weight: 0.11
Height: 0.05 Width: 6.00 Depth: 9.00
Language: English
Since the spirit of Islam is in stark and violent conflict with the spirit of Capitalism, the form taken by institutions designed to express this spirit must also be different. Capitalist financial institutions are designed to support the process of accumulation of wealth, which is at the heart of capitalist societies. Central to Islam is the spirit of service, and spending on others, which is expressed by diverse, service-oriented institutions, radically different from those dominant in capitalist societies.

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Business General