Does Islamic interbank rate influence bank characteristics and economic cycle in Malaysian monetary transmission?

• Main Authors: Muhammad, F., Sulaiman, A.A., Hussien, M.Y.M., Razak, A.A.
• Format: Article
• Language: English
• Published: Macrothink Institute 2012
• Subjects: Islam; HG Finance
• Online Access: http://eprints.um.edu.my/9617/1/00009719_91033.pdf; http://eprints.um.edu.my/9617/

This study aims to determine the effectiveness of Islamic Interbank Rate as the intermediary target by monetary policymakers in achieving economic goals. Via Islamic banking institutions as the mediator to channel the policy effect, the relevancy of this tool is identifiable. To attain this objectiv...