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...
Main Authors: | Larbani, Moussa, Mydin Meera, Ahamed Kameel |
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Format: | Article |
Language: | English |
Published: |
Emerald Group Publishing Limited
2009
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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 |
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