Wednesday Academic Dialogue (3) |
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Positive Money: Islamic Prospective
Prof. Dr. AbdulRaheem Al-Saati
Islamic Economics Institute
King Abdulaziz University, Jeddah
Wednesday 09-09-2015 (23-11-1436H)
Abstract
Positive Money is movement to reform European monetary , where banks through partial or non reserve system create money and enjoy its seniorage ,the paper shows the disadvantages of this system and the advantages of the sovereign monetary system, but the paper shows that the Islamic restriction will produce optimal positive money
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Last Update
4/28/2016 11:28:36 PM
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