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The costs of money creation in orthodox banking system and Islamic finance solution

Hossein samsami; Parviz davoodi; Jalal jahani goravan

Volume 14, Issue 55 , January 2015, , Pages 71-103

Abstract
  The performance of the fractional-reserve banking system, will lead to a vast money creation in favor of banks. This results in inflationary problems. This type of banking system will also lead to some issues like the transfer of borrowers’ risks to banks and sometimes to depositors, monetary and ...  Read More