Purpose This study aims to review to what extent Islamic banks carry conventional monetary
policy impulses. Hence, the authors focus to review on the presence or absence of an …

As an interest-free banking system shows tremendous growth in many countries nowadays,
the question of how Islamic banks contribute to monetary policy transmission is increasingly …

Studies supporting the merits of the Islamic monetary system emphasize the relative stability
accorded by the interest-free system due to its assetlinked nature as opposed to the interest …

Purpose This paper aims to examine the distributional differences of Islamic bank financing
responses to financing rate across bank-specific characteristics in dual banking system. The …

Sažetak Since its inception, Islamic banking in Pakistan has shown remarkable growth and
development. Most recent statistics reveal that industry has captured around 13% of the total …

This paper examines the monetary transmission mechanism through Islamic banks' debt
financing channel. Its purpose is to test if this channel effectively works and to verify whether …

Monetary policy influences the real economy through various channels, including bank
lending. Currently, Malaysia is operating under dual banking systems: conventional and …

Malaysia is a well-known Islamic finance hub with a growth trend in its Islamic financial
assets. The growth of the Malaysian economy since independence has also been …

This paper discusses key issues related to the conduct of monetary policy in countries that
have Islamic banks. It describes the macrofinancial background and monetary policy …

Monetary policy influences the real economy through various channels including the bank
lending. Currently, Malaysia is operating under dual banking systems; conventional and …