Islamic Banking in Pakistan

Shariah-Compliant Finance and the Quest to make Pakistan more Islamic

Nonfiction, Social & Cultural Studies, Social Science, Cultural Studies, Ethnic Studies, Political Science
Cover of the book Islamic Banking in Pakistan by Feisal Khan, Taylor and Francis
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Feisal Khan ISBN: 9781317366522
Publisher: Taylor and Francis Publication: December 22, 2015
Imprint: Routledge Language: English
Author: Feisal Khan
ISBN: 9781317366522
Publisher: Taylor and Francis
Publication: December 22, 2015
Imprint: Routledge
Language: English

Islamic Banking and Finance (IBF) has become a growing force over the past three decades, with Pakistan being one of the IBF pioneers by converting to an ‘interest-free’ banking system in 1985. However, since independence in 1947, there has been continual tension over Pakistan’s essential character, between Islamic Minimalists, who favour a Modernist interpretation of Islam, and those who favour an Islamic Maximalist interpretation that sees Pakistan as a model Islamic state.

This book analyses the push to Islamize Pakistan and its financial system by Islamic revivalists, following the early 1947 debates in the original Constituent Assembly to the final 2002 ruling on IBF of the Shariat Appellate Bench of the Pakistan Supreme Court. It examines the practice and theory behind contemporary Islamic, "Shariah-compliant", banking. It offers extensive interviews with Pakistani Islamic bankers on the state of their industry and how they see it developing, and provides analysis on how the Islamic banks’ customers differ from those of conventional ones.

Presenting a critical analysis of Pakistan’s IBF experience and offering a new insight into Pakistan’s banking industry that illustrates broader political and social trends in the country, this book will be of interest to specialists on Islam, South Asia and International Economics.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Islamic Banking and Finance (IBF) has become a growing force over the past three decades, with Pakistan being one of the IBF pioneers by converting to an ‘interest-free’ banking system in 1985. However, since independence in 1947, there has been continual tension over Pakistan’s essential character, between Islamic Minimalists, who favour a Modernist interpretation of Islam, and those who favour an Islamic Maximalist interpretation that sees Pakistan as a model Islamic state.

This book analyses the push to Islamize Pakistan and its financial system by Islamic revivalists, following the early 1947 debates in the original Constituent Assembly to the final 2002 ruling on IBF of the Shariat Appellate Bench of the Pakistan Supreme Court. It examines the practice and theory behind contemporary Islamic, "Shariah-compliant", banking. It offers extensive interviews with Pakistani Islamic bankers on the state of their industry and how they see it developing, and provides analysis on how the Islamic banks’ customers differ from those of conventional ones.

Presenting a critical analysis of Pakistan’s IBF experience and offering a new insight into Pakistan’s banking industry that illustrates broader political and social trends in the country, this book will be of interest to specialists on Islam, South Asia and International Economics.

More books from Taylor and Francis

Cover of the book The General Factor of Intelligence by Feisal Khan
Cover of the book Feminism, Domesticity and Popular Culture by Feisal Khan
Cover of the book Memory and Suggestibility in the Forensic Interview by Feisal Khan
Cover of the book The Post-Soviet Russian Orthodox Church by Feisal Khan
Cover of the book Gender, Sport, and the Role of Alter Ego in Roller Derby by Feisal Khan
Cover of the book The Future of the Philosophy of Time by Feisal Khan
Cover of the book Routledge Revivals: Classical Persian Literature (1958) by Feisal Khan
Cover of the book Digital Enterprise Transformation by Feisal Khan
Cover of the book Psychoanalysis, History and Subjectivity by Feisal Khan
Cover of the book The Routledge Handbook of Religion and Security by Feisal Khan
Cover of the book Spanish Literature: A Collection of Essays by Feisal Khan
Cover of the book TV Outside the Box by Feisal Khan
Cover of the book Foreign Direct Investment and Governments by Feisal Khan
Cover of the book Lutheran Theology and Secular Law by Feisal Khan
Cover of the book The Healing Power of Chinese Herbs and Medicinal Recipes by Feisal Khan
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy