Compound Bank Interest Between legal prohibition and practical application Comparative study
تاريخ النشر: 02/04/2025
الناشر: النهضة العلمية للنشر والتوزيع
نبذة الناشر:This book presents a comprehensive legal and financial analysis of compound interest in banking operations, exploring the tension between its legal prohibition in certain legal and religious systems and its widespread practical application in modern financial institutions.
Structured as a comparative legal study, the book examines how various legal frameworks—particularly in ...Islamic, civil, and common law systems—treat compound interest, focusing on:
The jurisprudential foundations for prohibiting or allowing compound interest.
The legal distinction between simple and compound interest.
The practical justifications used by banks to apply compound interest in credit facilities, loans, and financial contracts.
The tension between financial efficiency and legal/ethical concerns. إقرأ المزيد