... Licensed re-use rights only Musharaka Full employment Price stability Industrial belt Musharaka-based monetary policy Supply-side effects E52 E59 O23 P44 P47 Musharaka is one of the earliest interest-free modes of financing, and Musharaka has been practised...

... IRFs VDC C33 E44 E52 G21 Do interest rates affect Islamic banks? If so, what is the transmission mechanism by which these effects occur? These two questions are among controversial in Islamic economics literature. Using data on Saudi Islamic and conventional banks, this paper presents...

... Asset pricing channel Exchange rate channel JEL Code E44 C32 E52 G3 G12 G38 However, none of the above-reviewed studies have investigated the role of Sukuk in the monetary policy transmission mechanism to promote economic growth through both asset price and exchange rate...

... as of December 2020 (in %) Bangladesh Commercial bank Islamic finance Merchant capital Pandemic G21 E51 E52 The world is going through an unprecedented public health crisis caused by the novel coronavirus. The effect of COVID-19 is not confined to public health alone, but rather...

... Lender of last resort Qard al-Hasan-based monetary policy Liquidity risk management Liquid asset holdings Central bank E52 E58 P51 Z12 Islamic banks (IBs) constitute almost 24 per cent of the market (Kahf and Hamadi, 2014), yet they do not have access to the borrowing facilities...

... in Malaysia. Granger causality Dual banking system ARDL cointegration Banking fragility Home financing Macroeconomic shocks C53 E52 E44 G23 The recent global financial crisis (GFC) has spurred debates in the area credit market volatilities and their link with macroeconomic variables...