Islamic finance: An Attractive New Way of Financial Intermediation
Financial intermediation is a value-enhancing service. Banks are among the most important financial institutions in a modern economy for that service. Conventional banks use rates of interest (charged to clients and paid to depositors) on both the assets and the liabilities sides. Since interest is...
Main Author: | Munawar Iqbal |
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Format: | Article |
Language: | English |
Published: |
Universiti Utara Malaysia
2013-07-01
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Series: | International Journal of Banking and Finance |
Online Access: | https://www.scienceopen.com/document?vid=6d7b4811-a8dc-4316-a641-190bb958c677 |
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