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...

Ausführliche Beschreibung

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Bibliographische Detailangaben
Veröffentlicht in:Orient
1. Verfasser: Basha, Zakaria A. (VerfasserIn)
Format: UnknownFormat
Sprache:eng
Veröffentlicht: 1990
Schlagworte:
Islam > Bankwirtschaft > Zinsverbot > Geld > Multiplikator > Kreditpolitik > Geldpolitik > Geldmengenpolitik > Kreditwesen > Wirtschaftsordnung > Islamische Bank > Islamische Staaten > Aufsatz in Zeitschrift
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Beschreibung
Zusammenfassung: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)
Beschreibung:Tab., Lit. S. 400-401
ISSN:0030-5227