Islamic finance: An attractive new way of financial intermediation

Financial intermediation is a value-enhancing service. Banks are among the most important financial institutions in a modern economy for that service. Conventional banks use rates of interest (charged to clients and paid to depositors) on both the assets and the liabilities sides. Since interest is...

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Bibliographic Details
Main Author: Iqbal, Munawar
Format: Article
Language:English
Published: Universiti Utara Malaysia Press 2013
Subjects:
Online Access:http://repo.uum.edu.my/24975/1/IJBF%2010%202%202013%201%2024.pdf
http://repo.uum.edu.my/24975/
http://ijbf.uum.edu.my/index.php/previous-issues/150-the-international-journal-of-banking-and-finance-ijbf-vol-10-no-2-june-2013
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Institution: Universiti Utara Malaysia
Language: English