Life and Conditions of the People of Hindustan (1200–1550 A.D.) c6.s2.t2.19
Life and Conditions of the People of Hindustan (1200–1550 A.D.) c6.s2.t2.19
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c6.s2.t2.19
² Compare M.A., 150, for the Muslim money-lenders. Compare for the rates of interest K.K., 312, where Amir Khusrau mentions the rate of interest at one *Jital* per month for the principal sume of one *Tanka* or about 20 per cent per annum. In *I'jaz-i-khusravi*, Vol. I, 147, he definitely speaks of 10 per cent. per annum which probably applies to big sums. In *Matla-ul-anwar*, 150, he makes a similar reference to the system of monthly payment of interest.