The elimination of interest from financial transactions has been a salient goal of Islamization movements around the world. Its proponents have had to balance this objective, which they claim to draw from Islamic law (sharia), against consumer demand for convenient products. In general they have...

Islamic economics (IE) assumes an altruistic economic agent who spends his income not only on himself but also on others through charity. Since this behavioral norm is attributed only to Muslims, this implicitly means that the giving behavior of Muslims is different from others. This study aims...