| Question of Interest: The Paralysis of Saudi Banking |  | Author: Peter W. Wilson
Publisher: Westview Pr (Trd Pap)
Category: Book
This item is no longer available
Sales Rank: 3,878,174
Media: Paperback
Pages: 300
ISBN: 081338107X
Dewey Decimal Number: 332.8209538
EAN: 9780813381077
ASIN: 081338107X
Publication Date: February 1991
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Product Description
In Saudi Arabia today a classic confrontation between Islamic fundamentalism and modernism has brought the Saudi banking system virtually to a state of paralysis. The debate is between those upholding the traditional Islamic prohibition against charging interest on loans and those who wish to see a modern banking system capable of generating credit to support economic development. Drawing on personal experience, interviews, and unpublished primary sources, Peter Wilson tells a dramatic story of powerful pesonalities, clashing cultures, and often mysterious institutions with a journalists's eye for the telling anecdote as well as for the statistical evidence.
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