The Financial System and Monetary Policy in an Islamic Economy

Khan and Mirakhor have imposed on their model a structure and constraints which lend a tautological character to their exercise (13). The indiscreet replacement of the rate of interest in the secular model by a profit rate makes their conclusions tentative and questionable. Formulation infirmities have further weakened their position. Still, their work is laudable for it opens up some new areas of investigation in Islamic banking

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Year of publication:	2018
Authors:	Hasan, Zubair
Publisher:	[2018]: [S.l.] : SSRN
Subject:	Geldpolitik \| Monetary policy \| Finanzsektor \| Financial sector \| Islamisches Finanzsystem \| Islamic finance \| Finanzmarkt \| Financial market \| Islamische Staaten \| Islamic countries \| Islam

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Extent:	1 Online-Ressource (9 p)
Type of publication:	Book / Working Paper
Language:	English
Notes:	In: Journal of King Abdulaziz University: Islamic Economics, Vol. 3, 1991 Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 1991 erstellt
Source:	ECONIS - Online Catalogue of the ZBW

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