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Time Value of Money and Riba in Islam by Azah Atikah Anwar Batcha is a document available to read on EtoBox.

This paper attempts to discuss the relationship between Time value of money and riba as well as the consequences in our daily lives. The paper discovers that there are differences between time preference and time value of money. While the first is considered natural because scholars do not object to cash price being lesser than deferred price, they allow the latter to be much more than the former. Hence in view of these differences TP is not objectionable. Furthermore, there is a relationship between TVM wi

Author

Azah Atikah Anwar Batcha

Language

EN