Reorganization of Islamic Banking
Introduction Traditional banking is rejected by Islamic scholars mainly because of interest. Interest-bearing banking is supposedly being replaced by profit-sharing banking organized on the basis of two-tier mudambu. Seigniorage (difference between face value and intrinsic value of money) resulting...
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Format: | article |
Language: | EN |
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International Institute of Islamic Thought
1987
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Online Access: | https://doaj.org/article/6702fde20ee14b4f87fddd8d3c1a8fa2 |
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