The Borrower's Refuge: Muslim Interest Banking Before Islamic Finance

By Michael O’Sullivan

Since the 1970s, the Islamic finance industry has rejected interest banking. But Michael O'Sullivan shows that interest banks thrived in many Muslim societies during the first half of the twentieth century. Tracing the theological and economic debates about these banks, The Borrower's Refuge is a major contribution to the global history of finance.

• Format: Hardcover
• Language: English
• ISBN: 0674297407
• ISBN13: 9780674297401
• Release Date: March 2027
• Publisher: Harvard University Press
• Length: 368 Pages