Beyond Riba: The Economic Impact of Interest Prohibition in Islamic Capitalism
Reimagining Finance Without Interest-Based Lending

About this book:

What if the entire global financial system is built on a foundation that is neither inevitable nor ethical? *Beyond Riba* takes you on a sweeping journey from the ancient markets of Arabia to the blockchain-powered fintech labs of today, revealing how the Islamic prohibition of interest has spawned one of the most innovative—and least understood—economic systems in modern history.

This is not a niche religious text. It is a rigorous, provocative exploration of how an interest-free architecture reshapes everything we take for granted: how banks lend, how risk is shared, how capital flows to communities, and how economies weather crises. Through detailed case studies, empirical research, and contributions from leading scholars and practitioners, the book unpacks the real-world mechanics of profit-and-loss sharing, asset-backed financing, sukuk bonds, Islamic microfinance, and emerging models like Sharia-compliant crowdfunding and cryptocurrency. Along the way, it challenges the conventional wisdom that debt-driven growth is the only path to prosperity—and offers compelling evidence that another way is not only possible but already working at scale.

Whether you are an economist, policymaker, investor, or simply someone troubled by the recurring failures of modern finance, *Beyond Riba* will change how you think about money, risk, and justice. It invites you to look beyond the familiar frameworks of interest-based capitalism and imagine a financial system designed to serve people, not exploit them.