01521cas a2200265 a 4500 AALejournalIMF002485 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451851069 1018-5941 BD-DhAAL BD-DhAAL Mirakhor, Abbas. Islamic Banking / Abbas Mirakhor, Mohsin Khan. Washington, D.C. : International Monetary Fund, 1991. 1 online resource (8 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Islamic banks are prohibited from charging or paying interest, and thus can operate only on the basis of profit-sharing arrangements. This paper provides a brief survey of the theory and practice of Islamic banking. It covers developments in Islamic banking since the mid-1970s, how such banks operate, and the analytical underpinnings of a financial system based on Islamic principles. Finally, the future of Islamic banking is assessed. Mode of access: Internet Iran, Islamic Republic of imf Khan, Mohsin. IMF Working Papers; Working Paper ; No. 1991/088 Full text available on IMF http://elibrary.imf.org/view/journals/001/1991/088/001.1991.issue-088-en.xml IMF e-Library