Islamic Finance, Risk-Sharing and Macroeconomic Stability
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Examines the compatibility of capitalism and Islamic economics/finance by addressing important questionsProposes nominal-GDP targeting (NGDPT) framework as an efficient monetary policy that is also consistent with Islamic monetary economy Provides the Shari'ah as the principal source of Islamic banking Investigates the effects of dynamic forces behind capital structure variation such as the optimal capital structure behaviour based on the trade-off, pecking order, market timing and firm fixed effect models of capital structure
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