Riba: Its Economic Implications
Monetary and Financial Theory and Institutions
The Need and Economics of Cooperation among Islamic Banks
Islamic banks operating in a non-Islamic setting face the problem of excess liquidity. They do not have adequate outlets for placing their funds for the short term. Another problem is lack of an Islamic financial market. These problems can be solved if Islamic banks are able to establish a lender of last resort. The IDB Jeddah or State Bank of Pakistan can take this responsibility. There are also other areas of cooperation. For bankers and economists. Undocumented.
Islamic Banking in Pakistan: NIB Financing--A Review of Progress and Problem
Monetary and Financial Theory and Institutions
Profit Rates Policy For Depositors
Monetary and Financial Theory and Institutions
Musharika (sic) Financing for Working Capital
Monetary and Financial Theory and Institutions
Pakistan: Restructuring the Laws for Islamic Banking
Monetary and Financial Theory and Institutions
A Bottom Up strategy of Development From Below - Role of Islamic Banks
Monetary and Financial Theory and Institutions
Interest-free Banking: Discounting Techniques and its Application in Islamic Banking
Monetary and Financial Theory and Institutions
Interest-free Banking: Discounting Techniques and its Application in Islamic Banking
Monetary and Financial Theory and Institutions
Riba-free Banking in Iran
Monetary and Financial Theory and Institutions
Riba-free Banking in Iran
Monetary and Financial Theory and Institutions
Islamic Banking: The Fundamentals and Possibilities
Realises that the PLS banking operations’ are deficient: the interrnediation instruments are not adequate; the assets side of banks has been ignored, leading to a glut of available funds. Proposes direct trading by banks. It should be preceded bychanges in relevant laws as well as the structure of banks. A highly useful paper containing insights of a practising banker. Meant for bankers and economists. Undocumented.
Comments on Kakakhel’s paper, ‘Bai' Mu’ajjal and Bai‘ Murabaha'
Presented to the Seminar on Islamic Financing Techniques organised by I.I.I.E., Islamabad. Reads his own ideas into Mufti Siyahuddin Kakakhel’s paper. Considers a difference in cash and credit prices as lawful. Points out some anomalies in the State Bank of Pakistan framework of interest-free banking. Proposes a special audit of banks to oversee the implementation of Islamic provisions in their operations. Despite confusion in the main message, there are a few original insights. Undocumented. Meant for economists and bankers.