Proceedings of the 2016 Global Conference on Business, Management and Entrepreneurship

Islamic Monetary Policy and its Impact on the Growth of Islamic Banking (Case Study in Indonesia)

Authors
Yoghi Citra Pratama
Corresponding Author
Yoghi Citra Pratama
Available Online August 2016.
DOI
https://doi.org/10.2991/gcbme-16.2016.13How to use a DOI?
Keywords
Islamic Monetary Policy, Islamic Banking
Abstract
Islamic economics as a new eld in the modern economic science recognizes not only the principles and operations of Islamic commercial banks but also central bank as the monetary and economic authority. Amongst all, the main functions of a central bank in Islam are to maintain price stability and prosperity of the whole people. Although it seems indifferent with the conventional concept of central bank, the Islamic central bank conducts its monetary operation by using Islamic monetary instruments which are free from interest, links with the business sector activities and gives value added into the economy. The progressive development of the Islamic banking industry demands the appropriate Islamic monetary instruments to control the industry and economy in general The aim of this paper is to review Islamic monetary policy and Its Impact to the development on Islamic Banking in Indonesia. The method used in this study is an examination of existing literature.
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Proceedings
2016 Global Conference on Business, Management and Entrepreneurship
Part of series
Advances in Economics, Business and Management Research
Publication Date
August 2016
ISBN
978-94-6252-268-8
ISSN
2352-5428
DOI
https://doi.org/10.2991/gcbme-16.2016.13How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

TY  - CONF
AU  - Yoghi Citra Pratama
PY  - 2016/08
DA  - 2016/08
TI  - Islamic Monetary Policy and its Impact on the Growth of Islamic Banking (Case Study in Indonesia)
BT  - 2016 Global Conference on Business, Management and Entrepreneurship
PB  - Atlantis Press
SN  - 2352-5428
UR  - https://doi.org/10.2991/gcbme-16.2016.13
DO  - https://doi.org/10.2991/gcbme-16.2016.13
ID  - CitraPratama2016/08
ER  -