Relationship between conventional and Islamic interbank rates of a dual banking system in Malaysia, Middle East, and Western countries / Zetty Zahureen Mohd Yusoff and Nur Lylia Azha

• Main Authors: Mohd Yusoff, Zetty Zahureen, Azha, Nur Lylia
• Format: Article
• Language: English
• Published: Universiti Teknologi Mara, Selangor: Puncak Alam Campus: Faculty of Business and Management 2019
• Subjects: Banking; Finance, Islamic
• Online Access: http://ir.uitm.edu.my/id/eprint/28911/1/28911.pdf; http://ir.uitm.edu.my/id/eprint/28911/; https://jibe.uitm.edu.my/
• Institution: Universiti Teknologi Mara

The purpose of this research is to investigate the relationship between conventional monetary policy rate (CIMMR) and Islamic monetary policy rate (IIMMR) in Malaysia and selected Middle East countries and Western countries. This study runs a panel Cointegration test, a panel VECM and Wald test to e...