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Kajian Islam tentang berbagai masalah kontemporer

On various aspects of Islam in Indonesia; collection of papers presented at various discussion held by Forum Pengkajian Islam IAIN Jakarta.

masyarakat dalam sebuah pemukiman yang berbaur dengan masyarakat yang belum Islam . Ada kemungkinan peranan ulama walaupun mungkin di sini ia merangkap sebagai pedagang ia juga melaksanakan ajakan untuk memeluk Islam dengan memberikan ...

A Comparison of Overseas Railway Systems

Their Policy Trends and Performance

Railroads in Australia, Canada, France, Japan, New Zealand, The United Kingdom, the U.S. and West Germany.

Railroads in Australia, Canada, France, Japan, New Zealand, The United Kingdom, the U.S. and West Germany.

Stabilization and Growth in an Open Islamic Economy

Islam proposes the replacement of an interest-based financial system with one which operates on the basis of risk and profit sharing. Using a general equilibrium model, this paper investigates some open-economy implications of the adoption of Islamic banking for growth and stabilization of the economy. It analyzes the long-run effects of Islamic banking on international capital flows and on the economy’s capacity to adjust to disturbances. It concludes that monetary policy can be used effectively for stabilization purposes and that disturbances to asset positions are absorbed efficiently in an Islamic financial system.

Using a general equilibrium model, this paper investigates some open-economy implications of the adoption of Islamic banking for growth and stabilization of the economy.