How Long to Read The Rightful Way of Banking

How Long Does it Take to Read The Rightful Way of Banking?

It takes the average reader 4 hours and 9 minutes to read The Rightful Way of Banking by Shahid M. K. Ghauri

Assuming a reading speed of 250 words per minute. Learn more

Description

It has taken over five centuries for banking to evolve to its present state, and the concept of “interest” is undoubtedly the life-blood of the whole financial system. Interest was religiously prohibitive for centuries in several faiths, such as Buddhism and Hinduism, Judaism, Christianity and, Islam, and was also strongly opposed by neo-classical economists in the 1930s. Interest (riba) is still outlawed in Islam, with the term “riba-eater” being one of the cruellest insults. Islamic scholars have explained that the current practice of contracts without interest is a result of following the jurisprudence laid in the Quran and Sunnah of Prophet Mohammad (sallallahu alayhi wa sallam). As such, this mode of banking and finance without riba is recognised as “Islamic banking”. This name has often been criticised by scholars as there is no philosophy of banking in Islamic teachings. Consequently, some of the banks that follow these regulations have adopted other names, such as savings banks and finance houses. This book explains the philosophies behind the current trend in riba-free banking which is implemented as Islamic banking around the world. The book is divided into five sections, the first of which is related to the introduction of riba-free banking. The second is related to the fundamentals, concepts and beliefs of riba-free banking organisations, while the third differentiates between two streams of financial models. The fourth section explains risk management in riba-free banking, while the final section discusses international institutions related to the riba-free financial system. The book also contains a glossary of terms related to riba-free banking, and a terms index for reader’s ease in academic study.

How long is The Rightful Way of Banking?

The Rightful Way of Banking by Shahid M. K. Ghauri is 245 pages long, and a total of 62,475 words.

This makes it 83% the length of the average book. It also has 76% more words than the average book.

How Long Does it Take to Read The Rightful Way of Banking Aloud?

The average oral reading speed is 183 words per minute. This means it takes 5 hours and 41 minutes to read The Rightful Way of Banking aloud.

What Reading Level is The Rightful Way of Banking?

The Rightful Way of Banking is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy The Rightful Way of Banking?

The Rightful Way of Banking by Shahid M. K. Ghauri is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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