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Mohammedan Theories of Finance

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Book Details

ISBN: 9788130712574
Volumes: Set in 2 Volumes
Author: Nicholas P. Aghnide
Pages: 540 pp
Year of Publishing: 2012
Binding: Hardback
Publisher: Cosmo Publications

Nicholas P. Aghnides’ Islamic Theories of Finance remains a landmark work in the study of Islamic fiscal thought. This pioneering English-language study delves into Islamic law and its treatment of financial matters, drawing directly from classical Arabic sources. Aghnides acknowledged the theoretical nature of the legal discourse but emphasized its foundation in the practices of the early Muslim state. By relying exclusively on Sunni legal texts, the work presents a mainstream, normative account of Islamic fiscal theories. Decades after its original publication, this comprehensive and scholarly resource continues to be an essential reference for understanding the financial doctrines embedded in Islamic jurisprudence.