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...

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Detalles Bibliográficos
Autor principal: Basha, Zakaria A. (Autor)
Tipo de documento: Print Artículo
Lenguaje:Inglés
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Publicado: Dt. Orient-Institut 1990
En: Orient
Año: 1990, Volumen: 31, Número: 3, Páginas: 389-401
Otras palabras clave:B Sector de crédito
B Kreditpolitik
B Islamische Staaten
B Islam
B Banco islámico
B Orden económica
B Política monetaria
B Geldmengenpolitik
Descripción
Sumario: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)
ISSN:0030-5227
Obras secundarias:In: Orient