Discusses the process of introduction and achievements of interest—free banking on the basis of PLS. Describes the strategy for elimination of ribd from the banking system. Descriptive. For general readers. Documented.
Paper presented to the first seminar on Islamic Banking Pakistan: March, 1984) organised by I.A.I.B. Touches on the question of indexation of loans and rejects indexation without arguing it rigorously. Pleads for direct trade by banks.For general readers. Undocumented.
Monetary and Financial Theory and Institutions