Rate of Profit as a Benchmark to Create Islamic Financial Stability

Language: English

Published by LAP LAMBERT Academic Publishing Jan 2017, 2017

3330027169 / 9783330027169

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This item is printed on demand - Print on Demand Titel. Neuware -At the micro level, nowadays Islamic Banks in the financial center around the world are still using the LIBOR (London Inter-Bank Offered Rates) which is the average lending rates of the largest banks in London as a benchmark in quoting rate of profit as a replacement of rate of interest to their products. The application of the rate of profit concept is often facing a problem because there is no yardstick (benchmark) in determining the profit margin. In this book, the author develop an analytical case for the inherent Islamic Financial System stability based on the rate of profit concept on sale based, equity financing and risk sharing of Islamic Banking Product. At the macro level, the application of the rate of profit concept for example can be seen in central bank policy in countries that have implemented Islamic economic system either the dual banking system or Full Islamic economic system (single economic system). The differences in the use of monetary instruments are due to the differing views on the effectiveness of monetary policy to regulate the money supply. Instruments with a predetermined rate of profit are considered more effective in attracting money in circulation.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 88 pp. Englisch.

Seller Inventory # 9783330027169

Title
Rate of Profit as a Benchmark to Create Islamic Financial Stability
Author
Trisiladi Supriyanto
Publisher
LAP LAMBERT Academic Publishing Jan 2017
Publication year
2017
Condition
Neu
Binding
Taschenbuch
Language
English
ISBN 10
3330027169
ISBN 13
9783330027169
Item weight
149 grams
Dimensions
220x150x6 mm

buchversandmimpf2000

Emtmannsberg, BAYE, Germany

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