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The effectiveness of Qard-al-Hasan (interest free loan) as a tool of monetary policy

کلیدواژه: Islamic banks ؛ Qard al-hasan

نویسندگان: Selim, Mohammad

ناشر: IMEFM (International Journal of Islamic and Middle Eastern Finance and Management)

This paper aims to investigate the macroeconomic effects of Qard-al-Hasan (QH) as a tool of monetary policy (MP) and its effectiveness in achieving full employment and price stability in the economy. Design/methodology/approach – QH-based MP and its effects on major macroeconomic variables are exami... ادامه

سال:2019

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Impact of Qard-al-Hasan (interest-free loan) program in reducing multidimensional poverty: an evidence from the southwest Bangladesh

کلیدواژه: Fael Khair Waqf )FKW( program؛ Logistic analysis؛ Multidimensional Poverty Index؛ poverty alleviation؛ Qard-al-Hasan

نویسندگان: Muneer, Farah ؛ Khan, Foyasal

ناشر: IMEFM (International Journal of Islamic and Middle Eastern Finance and Management)

... ادامه

سال:2022

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Investigating the Compliance of Operations and Financial Statements of Banks in the Foreign Exchange Sector With interest-free Banking Standards

کلیدواژه: interest-free banking,Foreign Exchange Operations,Bank Accounting,Income from Joint Activities,Ala-al-hesab Interest,Profit and Loss Statement

نویسندگان: ROHANI SEYED ALI, Banitaba Sayyed Mahdi, Movaffagh Mostafa

ناشر: مطالعات اقتصاد اسلامی - JOURNAL OF ISLAMIC ECONOMIC STUDIES

The proper fulfillment of the contracts specified in the Usury-free Banking Act requires the implementation of special accounting rules which reflects the Usury-free banking approach in the financial Statements of the banks. Among these criteria, is the separation of bank income from Joint / Non-joi... ادامه

سال:2020

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Criticism of Law and Plan of interest-free Banking Operation

کلیدواژه: Islam, Economy, Bank, Usury, interest-free banking, Mobilization, Allocation of money

نویسندگان: Yathrebi Qomi Seyyed Ali Mohammad

ناشر: پژوهش های فقهی - Islamic jurisprudence Resaerch

The economy section of the constitution of Islamic Republic of Iran requires that the system of banking, as the heart of economy of the country, be changed.  Therefore, the law of "interest-free banking operation" was passed in 1983 and as for the law it gained a new form by mobilizing and allocatin... ادامه

سال:2023

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Returns to interest-free Microcredit: evidence from a Randomised Experiment in Pakistan

کلیدواژه: Microfinance/fa?page=1&sort=1&ftyp=all&fgrp=all&flan=all&fyrs=all" target="_blank">akhuwat Microfinance ؛ Interest-free ؛ Interest-free Microcredit ؛ Microcredit ؛ Microfinance

نویسندگان: Khan, Maazullah ؛ Bedi, Arjun S.

ناشر: Routledge

The existing experimental evidence on returns to capital is based on randomisation of either interest-bearing loans or grants. This paper reports on a field experiment conducted in Pakistan in which interestfree loans were randomly provided to microenterprises. The study was conducted in co-operatio... ادامه

سال:2022

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Can an interest-free credit facility be more efficient than a usurious payday loan?

کلیدواژه: cooperatives ؛ financial exclusion ؛ interest-free loan ؛ liquidity facility ؛ payday loan

نویسندگان: Salleh, Murizah Osman ؛ Jaafar, Aziz ؛ Ebrahim, M. Shahid

ناشر: Journal of Economic Behavior & Organization

Inefficiencies in mainstream credit markets have pushed selected households to frequent high cost payday loans for their liquidity needs. Ironically, despite the prohibitive cost there is still persistent demand for the product. This paper rides on the public policy objective of expanding affordable... ادامه

سال:2014

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Investigating the Relationship between State Ownership and the Performance of interest-free Banking in Iran

کلیدواژه: State ownership, rate of return on assets, rate of return on equity, capital adequacy ratio, bank overdraft

نویسندگان: Bahari Ghoshe Bolag Vahid, Taghi Nataj Malekshah Golamhasan, Solgi Mohammad

ناشر: تحقیقات مالی اسلامی - Islamic Financial Research

1. Introduction and Objective
Evaluating banks’ performance is critical due to their fundamental role in ensuring financial stability and promoting economic development. In Islamic banking, operations are governed by Sharia principles, making p... ادامه

سال:2025

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