The analysis of the ethic-economic sides of loan interest using in modern Islam

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dc.contributor.authorKhizanishvili, Vasil
dc.date.accessioned2021-04-13T10:57:12Z
dc.date.available2021-04-13T10:57:12Z
dc.date.issued2019
dc.description1. A. Ghanie Ghaussy, Die islamische Wirtschaftsethik und Wirtschaftslehre, Jahrbuch für Sozialwissenschaft, Bd. 34, H. 3, Lucius and LuciusVerlagsgesellschaft mbH, Stuttgart, 1983. 2. Das Zinsverbot ‘Riba’ im Islamic Banking – Islamic Banking Blog., islamicbankingblog.de/ das-zinsverbot-riba-im-islamic-banking/ 3. S. Al-Harran, Leading Issues in Islamic Banking and Finance, Petaling Jaya., 1995.en_US
dc.description.abstractIslam gives for the worldly life the positive value system. Ethics of Islamic economics is in agreement with the West-Christian attitudes towards the individual ethical sphere. It is to ask how much define ethics of Islamic economics principles factual behaviors of Muslims, because the basic determinable factor of the economic backwardness of Near East Islamic countries represents loan interest prohibition. The Quran forbids historically usury (riba). Against this, it supports on the joint-stock(share) principle based temporal assignment of own capital with a beforehand agreed part of win or loss. The supporters of Islamic financial system seem in this primary interest-yielding alternative form of the money loans. By such position they hinder valuable participation of the process of Islamic economic modernization and Islamic financial systems in globalization process.en_US
dc.identifier.citationEconomics and Business, №4, 2019, pp. 149-156en_US
dc.identifier.issn1987-5789
dc.identifier.urihttps://dspace.tsu.ge/handle/123456789/656
dc.language.isogeen_US
dc.publisherIvane Javakhishvili Tbilisi State University Pressen_US
dc.subjectIslam, Islam and Christianity, Ethics of Islamic Economics, Koran and usury (Reba)en_US
dc.titleThe analysis of the ethic-economic sides of loan interest using in modern Islamen_US
dc.typeArticleen_US
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