03660cam a2200409 a 4500 7293999 BD-DhUL 20160516152907.0 090225s2009 njua b 001 0 eng GBA922664 bnb 014920793 Uk 9780470823194 (hbk.) 0470823194 (hbk.) AU@ 000044301239 BWX R2794298 NLGGC 319872882 (OCoLC)ocn312626173 (OCoLC)312626173 (OCoLC)232130766 (NNC)7293999 UKM UKM BTCTA BAKER YDXCP UPM CLE BWX IAY OrLoB-B BD-DhUL a------ f------ HG3368.A6 T68 2009 332.1 22 TOI Toutounchian, Iraj, 1941- Islamic money and banking : integrating money in capital theory / Iraj Toutounchian. Singapore : Wiley & Sons (Asia) ; Hoboken, NJ : Wiley, 2009. 200905 xxv, 384 p. : ill. ; 24 cm. Includes bibliographical references (p. 351-367) and index. 1. An Evaluation of Money: A New Perspective -- Commodity Money -- Metallic Money -- Dinar and Dirham (D-D) -- What is (Paper) Money? -- An Impure Public Good -- Quantity Theory of Money and a Country's Balance Sheet -- Functions of Money in an Islamic Setting -- The General Theory as Monetary Theory -- Cooperation in Islam -- A Just Voting System -- Islamic Foundation of Norms for Cooperation -- Equivalence between Functions of and Demand for Money -- 2. Interest on Money and Its Scope -- A Brief History of Interest -- The Place of Interest in Capitalist Economics -- The Place of Labor -- Western Justifications for Interest -- Time Preference and its Relation to the Rate of Interest -- Is Time Preference Positive in all Circumstances? -- Some Further Thoughts on Interest -- Exchange Cost, Seigniorage and Inflation -- The Socially Optimal Provision of Money in the Capitalist System -- Interest (Riba) in Islam -- 3. A legal Perspective on Islamic Finance -- Capital Theory: A Brief Recapitulation -- The Legalities of Money and Capital -- Money and Capital Reconsidered -- Supply of Money Unidentified -- Extended Model -- Implications of the Model -- 4. Interest: Fact and Fiction -- The Place of Man in the Economic System -- The Evils of Interest -- 5. Islamic Banking versus Conventional Banking -- The Structure and Functions of Banking -- Underlying Conditions For Success in Islamic Finance -- The Philosophical Foundations of the Place and the Ultimate Goal of Man -- Islamic Modes of Finance -- Islamic Bank Structure -- Islamic Contracts -- New Products -- 6. The Role of Conventional and Islamic Banks in Investment: Certainty and Risk Conditions -- Introduction -- Investment in a Capitalist Economy -- Investment Expenditure: A Function of Interest Rate? -- Investment in an Islamic Economy -- Portfolio Management for Households -- 7. The Role of Central Banks in Islamic Banking -- Revising Roles: Learning from Experience -- Revisions (Beyond Amendments) -- The Role of the Central Bank in Islamic Banking -- Assertions -- Classification of Islamic Modes of Contract -- Application of IRR and Zero Cost of Capital -- The Transmission Mechanism for Creating Money. Money Religious aspects Islam. Money Islamic countries. Banks and banking Religious aspects Islam. Banks and banking Islamic countries. AUTH TOC ddc BK 65717 65717 0 0 ddc 0 332_100000000000000_TOI 0 NFIC 111718 DUL DUL GEN 2016-05-16 Purchased 332.1 TOI 460500 2016-05-16 4 2016-05-16 BK 0 0 ddc 0 332_100000000000000_TOI 0 NFIC 111719 DUL DUL GEN 2016-05-16 Purchased 332.1 TOI 460499 2016-05-16 3 2016-05-16 BK 0 0 ddc 0 332_100000000000000_TOI 0 NFIC 111723 DUL DUL GEN 2016-05-16 Purchased 332.1 TOI 460497 2016-05-16 1 2016-05-16 BK 0 0 ddc 0 332_100000000000000_TOI 0 NFIC 111725 DUL DUL GEN 2016-05-16 Purchased 332.1 TOI 460498 2016-05-16 2 2016-05-16 BK 0 0 ddc 0 332_100000000000000_TOI 0 NFIC 111726 DUL DUL GEN 2016-05-16 Purchased 332.1 TOI 460501 2016-05-16 5 2016-05-16 BK 0 0 ddc 0 332_100000000000000_THO 0 NFIC 244808 DUL DUL GEN 2016-11-24 Gift 332.1 THO 448479 2016-11-24 2 2016-11-24 BK