This book builds upon the author's practical experiences in providing a commentary on the state of modern banking and finance. In what many will find to be a new approach to the economic problems of our time, a description is given in clear and accessible terms of the extent to wich interest now affects humanity.
Central to the work is a discussion of the modern monetary system, wherein a passionate case is made for reform. In particular, the privilege that commercial banks enjoy to manufacture money and lend it at interset is regarded as a most important cause of economic injustice. With regard to the new ’Islamic financial market’, some searching questions are asked of the practices that are curently in vouge and an alternative Islam banking model is proposed. (text cited from back cover)