Ribā and contemporary Islamic banking: a Sharī’ah perspective on debt-credit relationships

This paper attempts to revisit the concept of ribā in light of the definition provided by famous Muslim jurist Imām Muhammad al-Sarakhsī (d. 1096) and explains it in detail. It shows that the concept of ribā is more than mere ‘interest’ and it includes the prohibition of fundamental monetary debtor...

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Bibliographic Details
Main Authors: Sultan, Ambreen, Mat Ghani, Gairuzazmi
Format: Proceeding Paper
Language:en
Published: International Research Centre of Islamic Economics and Finance (IRCIEF-UIS) 2025
Subjects:
Online Access:http://irep.iium.edu.my/123377/2/123377_Rib%C4%81%20and%20contemporary%20Islamic%20banking.pdf
http://irep.iium.edu.my/123377/
https://submit.confbay.com/conf/iconie2025
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