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