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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主要作者: Basha, Zakaria A. (Author)
格式: Print Article
語言:English
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出版: Dt. Orient-Institut 1990
In: Orient
Year: 1990, 卷: 31, 發布: 3, Pages: 389-401
Further subjects:B Kreditpolitik
B Islamische Staaten
B 伊斯蘭銀行
B 金融業
B 經濟秩序
B Geldmengenpolitik
B 貨幣政策
B 伊斯蘭教
實物特徵
總結: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
Contains:In: Orient