A Comparative Evolution of Business Partnerships: The Islamic World and Europe, With Specific Reference to the Ottoman Archives

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BRILL, 1996 - Business & Economics - 232 pages
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This monograph deals with the entrepreneurs, the partnerships they formed and how these partnerships evolved through a time span of about fourteen centuries, that is, from the birth of Islam to the present. The first part of the book examines the evolution of medieval partnership forms in Europe and finally in the United States, while in the second part the much less known Islamic evolution is studied. The study of the Islamic evolution is based on extensive original research conducted in the Ottoman archives. Comparative economic and business historians of these two great civilizations will find this book highly important, while modern Islamic bankers and economists interested in the actual functioning of an Islamic economy will find this volume indispensable reading, for here they have a unique chance to observe an Islamic economy and business operating within an historical framework.
 

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Contents

Private Finance in an Islamic Context
3
The Mudaraba Commenda in Europe
10
Ottoman Business Partnerships
65
Financing Shipping and Shipbuilding
86
Financing the State Private Finance
135
Last Links In The Islamic Evolution
193
Bibliography
211
Index
223
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About the author (1996)

Murat Cizakca, Ph.D. (1978) in Economics, University of Pennsylvania, is Professor of Economics and Economic History at Bo azici (Bosphorus) University in Istanbul, Turkey. He has published extensively on comparative (European/Ottoman) industrial and financial history, Islamic banking and economics.

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