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 Drawing on personal experience, interviews, and unpublished primary sources, Peter Wilson tells a dramatic story of powerful pesonalities, clashing cultures, and often mysterious institutions with a journalists's eye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.
- ISBN10 081338107X
- ISBN13 9780813381077
- Publish Date 15 April 1991
- Publish Status Out of Print
- Out of Print 12 May 1994
- Publish Country US
- Publisher Taylor & Francis Inc
- Imprint Westview Press Inc
- Format Paperback
- Pages 296
- Language English