Feasibility of Implementing Negotiable Certificates of Deposit as a Tool to Investigate the Open Market Operations on Interest-free Banking System

Considering the prohibition of riba (Usury), and consequently the impossibility of using interest based bonds, they can not utilized as policy  tool in the Usury-Free Banking System. As a result the Open Market Operations as specified by buying and selling  interest-based bonds is not applicable in...

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Main Authors: Mohamad Naghi Nazarpoor, Mohamadreza Yousefi, Meysam Haghighi
格式: 文件
语言:fas
出版: Allameh Tabataba'i University Press 2013-01-01
丛编:فصلنامه پژوهش‌های اقتصادی ایران
在线阅读:https://ijer.atu.ac.ir/article_2780_ca2bb75b35ea40f2f76856b993fb9162.pdf