Full reserve system and the Maqasid Shariah / Zuriyati Ahmad, Abdul Ghafar Ismail

The essence of the monetary system today is in using the fractional reserve banking system. Nonetheless, this system is not free of critics such as the fraud of making loans and creating deposits out of nothing which are argued to create distortion to the economy. Since 1930s, many economic schola...

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Bibliographic Details
Main Author: Ismail, Abdul Ghafar
Format: Article
Language:English
Published: Faculty of Business and Management, Universiti Teknologi MARA Selangor 2017
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/19373/
http://ir.uitm.edu.my/id/eprint/19373/
http://ir.uitm.edu.my/id/eprint/19373/2/AJ_ZURIYATI%20AHMAD%20JEEIR%2017.pdf