Full reserve system and the Maqasid Shariah / Zuriyati Ahmad, Abdul Ghafar Ismail
The essence of the monetary system today is in using the fractional reserve banking system. Nonetheless, this system is not free of critics such as the fraud of making loans and creating deposits out of nothing which are argued to create distortion to the economy. Since 1930s, many economic scholars...
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Faculty of Business and Management, Universiti Teknologi MARA Selangor,
2017.
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