The Causes and Consequences of Interest Theory

<p>Interest has always been a part of humans' daily economic life, and the concept of interest has attracted intense attention from economists, philosophers, religious scholars and lawmakers.&nbsp; This book analyses the issue of prohibition of interest through the lens of conventional economics and then makes a comparison with the position of Islamic economists.&nbsp; It evaluates the theory of interest presented by Böhm-Bawerk, which is the most respected and applicable theory at present.&nbsp; It provides an in-depth analysis of the current literature, and it is the first book to scrutinize the interpretation of Islamic economists on the concepts of time preference and interest rate control.</p><p>This book will be of interest to academics and students of economics and Islamic economics.<br></p>