Author : International Monetary Fund
Release : 1998-09-01
Genre : Business & Economics
Kind : eBook
Book Rating : 415/5 ( reviews)
Book Synopsis Monetary Operations and Government Debt Management Under Islamic Banking by : International Monetary Fund
Download or read book Monetary Operations and Government Debt Management Under Islamic Banking written by International Monetary Fund. This book was released on 1998-09-01. Available in PDF, EPUB and Kindle. Book excerpt: This paper outlines the recent progress in developing Islamic financial instruments for the management of monetary policy and public borrowing requirements and provides details on new instruments currently being developed in the Islamic Republic of Iran and Sudan. The paper also touches on the institutional arrangements for interbank market operations and the design of effective central bank credit facilities that are needed under Islamic banking to support the development and operation of these new instruments.