The development of Islamic banking and the money multiplier process
This paper presents some of the principle features of the newly-developed Islamic banking system. Focusing on the money multiplier it examines the different effects of the reserve requirements tool on money supply in an economy where Islamic banks exist side-by-side with Western banks. By way of int...
| Published in: | Orient |
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| Main Author: | |
| Format: | Print Article |
| Language: | English |
| Check availability: | HBZ Gateway |
| Journals Online & Print: | Drawer...
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| Published: |
Dt. Orient-Institut
1990
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| In: |
Orient
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| Further subjects: | B
Islamic banking
B Islam B Monetary policy B Credit system B Credit control B Economic order B Islamic countries |
| Summary: | This paper presents some of the principle features of the newly-developed Islamic banking system. Focusing on the money multiplier it examines the different effects of the reserve requirements tool on money supply in an economy where Islamic banks exist side-by-side with Western banks. By way of introduction some main charateristics of the balance sheet of an Islamic bank (demand or transactions deposits; investment or "mudaraba" deposits; the assets side) are explained. (DÜI-Hns) |
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| ISSN: | 0030-5227 |
| Contains: | In: Orient
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