Usury and Interest: A Comparative Economic Study (book): Difference between revisions
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==About the Book and Authors== | ==About the Book and Authors== | ||
"Usury and Interest, a Comparative Economic Study" is published under the series generally titled as «حواراتٌ لقرنٍ جدید» (Dialogues for a New Century) by two publishers sharing the same name (Dar Al-Fikr) in Lebanon and Syria. The book features a debate between two Islamic economists from Syria regarding usury and interest in relation to capitalist economics, presented in two sections comprising two articles. | "Usury and Interest, a Comparative Economic Study" is published under the series generally titled as «حواراتٌ لقرنٍ جدید» (Dialogues for a New Century) by two publishers sharing the same name (Dar Al-Fikr) in Lebanon and Syria. The book features a debate between two Islamic economists from Syria regarding usury and interest in relation to capitalist economics, presented in two sections comprising two articles. | ||
The first section of the book presents an article by Dr. Rafiq Yunus Al-Masri (1942-2021) titled "The Benefit of Loans and the related Modern Theories from an Islamic Perspective." Following this, Dr. Muhammad Riad Al-Abrash provides a critique and analysis of the article. In the second section of the book, the article "Usury and Interest in Western Thought and Islam," authored by Muhammad Riad Al-Abrash, is included, followed by a brief critique by Rafiq Yunus Al-Masri. | The first section of the book presents an article by Dr. Rafiq Yunus Al-Masri (1942-2021) titled "The Benefit of Loans and the related Modern Theories from an Islamic Perspective." Following this, Dr. Muhammad Riad Al-Abrash provides a critique and analysis of the article. In the second section of the book, the article "Usury and Interest in Western Thought and Islam," authored by Muhammad Riad Al-Abrash, is included, followed by a brief critique by Rafiq Yunus Al-Masri. | ||
==Interest on loans and modern theories from an Islamic perspective== | ==Interest on loans and modern theories from an Islamic perspective== | ||
In his article regarding interest on loans, Rafiq Yunus explores several issues, including the legal status of usury in connection with various areas of Islamic jurisprudence, such as lending and profit-sharing, the significance of time in financial transactions, the tactics employed in usury, and modern viewpoints that seek to justify interest on loans. | In his article regarding interest on loans, Rafiq Yunus explores several issues, including the legal status of usury in connection with various areas of Islamic jurisprudence, such as lending and profit-sharing, the significance of time in financial transactions, the tactics employed in usury, and modern viewpoints that seek to justify interest on loans. | ||