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Journal Articles
International Journal of Islamic and Middle Eastern Finance and Management (2008) 1 (4): 304–312.
Published: 21 November 2008
...Salina H. Kassim; Turkhan Ali Abdul Manap Purpose The purpose of this paper is to analyze the information content of the Islamic interbank money market rate (IIMMR), with respect to several macroeconomic indicators such as output, inflation, exports, imports, bank loans and stock market index...
Journal Articles
International Journal of Islamic and Middle Eastern Finance and Management (2008) 1 (4): 313–329.
Published: 21 November 2008
.... Consistent with earlier studies, the goods market variable considered is real income (Y). The money market variables tested are the broad money supply (M2), treasury bill rate (TBR) and the US Federal Fund rate (FFR), while the security market is represented by both Kuala Lumpur Shari'ah Index (KLSI...
Journal Articles
International Journal of Islamic and Middle Eastern Finance and Management (2008) 1 (3): 210–226.
Published: 29 August 2008
...Obiyathulla Ismath Bacha Purpose This paper seeks to examine the operation of an Islamic inter‐bank money market (IIMM), within a dual banking system. Design/methodology/approach The paper describes Malaysia's Islamic IIMM. It then examines some of the key risks associated with money market...

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