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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Détails bibliographiques
Auteur principal: Basha, Zakaria A. (Auteur)
Type de support: Imprimé Article
Langue:Anglais
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Publié: Dt. Orient-Institut 1990
Dans: Orient
Année: 1990, Volume: 31, Numéro: 3, Pages: 389-401
Sujets non-standardisés:B Ordre économique
B Crédit
B Banque islamique
B Islamische Staaten
B Islam
B Politique monétaire
Description
Résumé: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
Contient:In: Orient