Document Details

Document Type : Article In Journal 
Document Title :
Towards Restructuring the Islamic Banking System
نحو إعادة هيكلة النظام المصرفي الإسلامي
 
Subject : Articles  
Document Language : Arabic 
Abstract : The paper pleases for restructuring Islamic banking by imposing 100% reserve ratio against demand deposits, while freeing investment deposits of any statutory reserve ratio. According to the new scheme there would be (a) demand deposits' banks which provide no credit but do provide all other banking services, and (b) investment banks in the form of holding companies which do engage in real investment activities only through subsidiary companies; (c) banks which directly engage in trade and investment. These reforms would guard against runs on banks and the risk of sub sequent financial collapse; and ensure equity both among different investment depositors and between them and the bank owners. They would also prevent excessive credit creation to which the present system is prone. 
ISSN : 1018-7383 
Journal Name : Islamic Economics Journal 
Volume : 4 
Issue Number : 1 
Publishing Year : 1412 AH
1992 AD 
Number Of Pages : 41 
Article Type : Article 
Added Date : Sunday, October 11, 2009 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
حسين كامل فهمي HUSAIN KAMEL FAHMIResearcher  

Files

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 21001.pdf pdf 

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