Islamic Finance: A Western Perspective

There is a great deal in Western literature that focuses on the major issues in the Islamic economic paradigm, such as the prohibition of interest and the causes of the business cycle. There is much to be gained from utilizing the empirical approach of Western economic literature. Rather than developing in isolation from Western literature, Islamic scholars would do well to take advantage of the wealth of supportive arguments found in Western Literature. _x000D_ _x000D_ http://www.iiibf.org/journals/journal1/art1.pdf