The Problem with Interest

by Tarek El-Diwany

The Problem With Interest is now in its second edition. Since the publication of the first edition in 1997, the book has been revised with new information and ideas, and continues to provide a practical commentary on the extent to which usury is now affecting humanity. Technically detailed but highly readable, it provides a genuine alternative to the conventional understanding of financial economics that appears in much of the media and mainstream academia.

Genres: Economics, Islam, Nonfiction, Finance, Religion, Business

288 pages, Paperback

First published January 1, 2003

Reviews

[ctwayfarer · Rating 5 out of 5]

Ground-breaking. Cutting-edge and stimulating. This truly is a show-stopping critique of some prevailing ideas in modern economics, from an influential Muslim thinker. What is the problem with discounted cash flow analysis? Why is monetary reform urgent? What is wrong with interest - fundamentally, regardless of your worldview or religion? He also delves into stimulating ideas about thermoeconomics and the rise and fall of civilizations. A splendid, must-have read if you love economics!

[James Kirk · Rating 5 out of 5]

A heavy but very informative read. Will be rereading to absorb all the details.

[SeaGate · Rating 4 out of 5]

Ada banyak hal yang terjadi di perbankan Islami yang (sebetulnya) tidak Islami - banyak, bukan seluruhnya. Banyak produk perbankan Islami adalah riba yang berlabel (cap) Islami. Hal ini terjadi karena sistem tempat bank Islam beroperasi adalah sistem berbasis bunga. Anda tidak dapat menjalankan keuangan Islam dalam sebuah gelembung, sebuah gelembung kecil yang melayang di lautan riba.

[Tural Mammadov · Rating 5 out of 5]

Excellent research on history of interest and its detrimental effect on society.