Ownership effect of fractional reserve banking:an islamic perspective

Purpose – The purpose of this paper is to show that fractional reserve banking (FRB) has implications for the ownership structure of assets in the economy that violates the Islamic principles of ownership. Design/methodology/approach – This is a theoretical paper that looks into the works of Isla...

Full description

Bibliographic Details
Main Authors: Larbani, Moussa, Mydin Meera, Ahamed Kameel
Format: Article
Language:English
Published: Emerald Group Publishing Limited 2009
Subjects:
Online Access:http://irep.iium.edu.my/9104/
http://irep.iium.edu.my/9104/
http://irep.iium.edu.my/9104/1/WA_9104_LARBANI_Ownership_effect_of_fractional_reserve.pdf