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Qard-al-Hasan-based monetary policy and the role of the central bank as the Lender of last resort

کلیدواژه: Central bank ؛ Lender of last resort ؛ Liquid asset holdings ؛ Liquidity risk management ؛ Qard al-Hasan-based monetary policy

نویسندگان: M. Selim ؛ M. Hassan

ناشر:

This paper aims to examine how a central bank (CB) can act as a Lender of last resort (LOLR) for both Islamic and conventional interest-based banks by pursuing a Qard-al-Hasan (QH)-based monetary policy (MP). Design/methodology/approach – The role of the CB as LOLR under QH-basedMP and its effects o... ادامه

سال:2020

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The Role of Islamic Republic of Iran in Promoting Economic Justice in the last Three Decades: The TVP Approach

کلیدواژه: Economic Justice,State,Economy of Iran,TVP Approach,Kalmen-Filter

نویسندگان: MOTAFAKER AZAD MOHAMMAD ALI, SADEGHI SEYED KAMAL, Mousaviyan Seyed Abbas, ASADZADEH AHMAD, AGHAJANI HABIB

ناشر: مدیریت بهره وری (فراسوی مدیریت) - PRODUCTIVITY MANAGEMENT (BEYOND MANAGEMENT)

A major concern in any social system including the Islamic Economic System has always been explication of the role of the government in economy and achieving economic justice. The aim of the present study, thus, was to explore the role of the government in fulfilling the criteria for economic justic... ادامه

سال:2019

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