Publication:
Welfare implications of interest-free bank asset management
| DC Field | Value | |
|---|---|---|
| dc.contributor.author | Rosly, Saiful Azhar | |
| dc.date.accessioned | 2017-07-20T03:04:36Z | |
| dc.date.available | 2017-07-20T03:04:36Z | |
| dc.date.issued | 1989 | |
| dc.description.abstract | This paper introduces some theoretical aspects of Islamic banking asset management strategies for reducing economic instability. Since public welfare deteriorates during periods of inflation and unemployment, the procyclical behavior of modern interest-based commercial banks is known to aggravate these fluctuations and ipso facto produce an even more severe impact on welfare. The paper will show that equity-based Islamic banks contain some structural features that reduce these procyclical tendencies and therefore shield public welfare from further deterioration. | en_US |
| dc.identifier.citation | Rosly, Saiful Azhar. (1989). Welfare implications of interest-free bank asset management. Journal of Islamic Economics, 2 (2), pp. 109-118. | en_US |
| dc.identifier.uri | https://ikr.inceif.edu.my/handle/INCEIF/2605 | |
| dc.language | English | |
| dc.language.iso | en | en_US |
| dc.publisher | International Islamic University Malaysia | en_US |
| dc.rights | 1989. International Islamic University Malaysia | |
| dc.source | SEDONA | |
| dc.subject | Asset management | en_US |
| dc.subject | Interest-free | en_US |
| dc.subject | Islamic banks | en_US |
| dc.title | Welfare implications of interest-free bank asset management | en_US |
| dc.type | Journal Article | en_US |
| dlc.maintopic | Islamic banking | en_US |
| dspace.entity.type | Publication | |
| ikr.doctype | Scholarly Works | |
| ikr.topic.maintopic | Islamic banking | en_US |
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