Religious Pluralism, yet a Homogenous Stance on Interest Rate: The Case of Judaism, Christianity, and Islam
Despite the conventional consensus that interest rates are efficient mechanism of allocating loanable funds and the most influential monetary policy instrument in modern economies, the three major monotheistic religions, Judaism, Christianity, and Islam, prohibit the use of interest and consider cha...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
University of Finance and Management, Warsaw; Vistula University
2014-06-01
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Series: | Contemporary Economics |
Online Access: | http://ce.vizja.pl/en/download-pdf/id/344 |