Islamic Banking : Experiences in the Islamic Republic of Iran and Pakistan.
In an Islamic system, as interest is prohibited, banks are expected to operate solely on the basis of profit and risk sharing. This paper describes the developments in Islamic banking in Iran and Pakistan. As these two countries have initiated the most far-reaching experiments with Islamic banking,...
| Corporate Author: | |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
1989.
|
| Series: | IMF Working Papers; Working Paper ;
No. 1989/012 |
| Online Access: | Full text available on IMF |