Purpose – This paper aims to describe, compare and analyze liquidity policies from the central bank of Indonesia, particularly reserve requirements, with respect to Islamic as well as conventional banks. Design/methodology/approach – This paper provides some critical assessments on the...

Purpose – This paper aims to determine the importance of the Islamic banks in the monetary transmission process in the Malaysian economy. In particular, the paper analyzes the relevance of Islamic banks' financing and deposit in channelling the monetary policy effects to the real economy....

Indonesia applies Islamic financial instruments in its financial system. Indonesia adheres to a bank-based industry financial system that puts Islamic banking as the driving force of the economy. This study aimed to examine the effect of Islamic financial performance in the intermediation...

The dual banking system that has been adopted in Indonesia does not only mean allowing the Islamic banks to be established vis-à-vis conventional banks, but also it requires monetary instrument which is shariah or Islamic law compliance. With regard to this, Islamic monetary operation...