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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Autore principale: Basha, Zakaria A. (Autore)
Tipo di documento: Stampa Articolo
Lingua:Inglese
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Pubblicazione: Dt. Orient-Institut 1990
In: Orient
Anno: 1990, Volume: 31, Fascicolo: 3, Pagine: 389-401
Altre parole chiave:B Kreditpolitik
B Islamische Staaten
B Islam
B Banca islamica
B Ordinamento economico
B Politica monetaria
B Geldmengenpolitik
B Sistema creditizio
Descrizione
Riepilogo: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
Comprende:In: Orient