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APPENDIX »
Source: Islamic Banking
Series: Occasional Papers
Author(s): Abbas Mirakhor , and Zubair Iqbal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 March 1987
ISBN: 9780939934829
Keywords: banking, banking system, islamic banking, law, state bank
Laws and Regulations Governing Islamic Banking in the Islamic Republic of Iran and in Pakistan...

I Theoretical Considerations »
Source: Islamic Banking
Series: Occasional Papers
Author(s): Abbas Mirakhor , and Zubair Iqbal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 March 1987
ISBN: 9780939934829
Keywords: banking, banking system, islamic banking, law, state bank
Increasing interest has recently been shown in the functioning of an Islamic banking system, particularly the implications of the absence of the interest rate mechanism for the economy and the operation of t...

II Islamic Banking in the Islamic Republic of Iran and in Pakistan »
Source: Islamic Banking
Series: Occasional Papers
Author(s): Abbas Mirakhor , and Zubair Iqbal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 March 1987
ISBN: 9780939934829
Keywords: banking, banking system, islamic banking, law, state bank
All Muslim countries have practiced Islamic credit arrangements to varying degrees. Interest-free banks have also been operating in several non-Muslim countries. The experiences of the Islamic Republic of Ir...

III Major Issues of Transition to Islamic Banking »
Source: Islamic Banking
Series: Occasional Papers
Author(s): Abbas Mirakhor , and Zubair Iqbal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 March 1987
ISBN: 9780939934829
Keywords: banking, banking system, islamic banking, law, state bank
Islamic banking is an integral part of a functioning Islamic economic system, but the Islamic economic system is only a part of an Islamic social system that possesses well-identified characteristics based o...

Islamic Banking »
Series: Occasional Papers
Author(s): Abbas Mirakhor , and Zubair Iqbal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 March 1987
DOI: http://dx.doi.org/10.5089/9780939934829.084
ISBN: 9780939934829
Keywords: banking, banking system, islamic banking, law, state bank
This study was prepared by Zubair Iqbal of the Middle Eastern Department and Abbas Mirakhor of the Research Department. To collect information and views for the study, the authors held discussions with the authorit...

Back Matter »
Source: Islamic Banking
Series: Occasional Papers
Author(s): Abbas Mirakhor , and Zubair Iqbal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 March 1987
ISBN: 9780939934829
Keywords: banking, banking system, islamic banking, law, state bank
This study was prepared by Zubair Iqbal of the Middle Eastern Department and Abbas Mirakhor of the Research Department. To collect information and views for the study, the authors held discussions with the authorit...

Front Matter »
Source: Islamic Banking
Series: Occasional Papers
Author(s): Abbas Mirakhor , and Zubair Iqbal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 March 1987
ISBN: 9780939934829
Keywords: banking, banking system, islamic banking, law, state bank
This study was prepared by Zubair Iqbal of the Middle Eastern Department and Abbas Mirakhor of the Research Department. To collect information and views for the study, the authors held discussions with the authorit...

IV Summary and Conclusions »
Source: Islamic Banking
Series: Occasional Papers
Author(s): Abbas Mirakhor , and Zubair Iqbal
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 19 March 1987
ISBN: 9780939934829
Keywords: banking, banking system, islamic banking, law, state bank
58 The central requirement of an Islamic financial system is the replacement of the rate of interest with the rate of return on real activities as a mechanism for a...