THE ROLE OF INTEGRATED ISLAMIC COMMERCIAL AND SOCIAL FINANCE FOR CURBING CREDIT CYCLES AND ACHIEVING MACROPRUDENTIAL OBJECTIVE
It is widely believed that Islamic finance is inherently stable since the principle of risk-sharing and linking the financial to real counterpart in particular through its social finance are applied, hence the financial stability may successfully be attained. If mimicking the conventional finance, I...
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Format: | Article |
Language: | English |
Published: |
Bank Indonesia
2018-03-01
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Series: | Journal of Islamic Monetary Economics and Finance |
Online Access: | http://jimf-bi.org/index.php/JIMF/article/view/887 |