Bank Loan against Usurious Riba in the Value-Institutional System of Muslim Entrepreneurs of the Russian Empire in the late 19 th – early 20 th century

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Abstract


The article examines the business culture of Muslim entrepreneurs of the Russian Empire by means of value-institutional approach. Identified components of business conduct – the usurious riba and the Bank loan were imposed on the total value-institutional system of Muslim entrepreneurs. As a result the most strong correlation demonstrated the second component. This gives grounds to consider it more typical element of business conduct Muslim entrepreneurs in contrast to the charging usurious riba. Thus that one was exceptional phenomenon for Muslim business world of the end of 19 th – beginning of 20 th century.

About the authors

G G Kornoukhova

Peoples’ Friendship University of Russia

Email: kornouh@mail.ru
Department of Russian History

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Copyright (c) 2013 Корноухова Г.Г.

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