Simulation of Shariah compliant commodity backed currency system: a Turkish case-study

In view of the continuing episodes of financial crises faced by the Turkish economy, this study analyses the potential economic benefit of implementing the Grondona system of conditional currency convertibility. The authors performed simulations of the Grondona system based on Grondona's guidel...

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Bibliographic Details
Main Authors: Ahmed, Jameel, Collins, Patrick, Mydin Meera, Ahamed Kameel
Format: Article
Language:English
English
Published: Research Centre Islamic Economics (IKAM) 2018
Subjects:
Online Access:http://irep.iium.edu.my/3108/
http://irep.iium.edu.my/3108/
http://irep.iium.edu.my/3108/
http://irep.iium.edu.my/3108/1/3108_Simulation%20of%20Shariah%20Compliant.pdf
http://irep.iium.edu.my/3108/2/3108_Simulation%20of%20Shariah%20Compliant_WOS.pdf