IMPLEMENTING MONETARY POLICY WITH APPLICATION OF SUKUK: CHALLENGES AND POLICY DIRECTIONS
نویسندگان
چکیده
Each market economy uses monetary policy to attain certain macroeconomic goals of price stability, higher growth and employment. A having an interest-based conventional banking system applies mainly tools the objectives policy. In contrast, a with interest-free needs apply Shariah-compliant instruments vis-à-vis for attaining As there is paucity quality research on Sukuk-based policy, current paper will explore Shariah compliant instrument ‘Sukuk’ use as tool in dual banking, examining experiences Shariah-based operations different countries. The also examine challenges operating Bangladesh options addressing challenges.
 
 Keywords: Dual system, based operations, Sukuk, Qard-al-Hasan.
 Cite as: Md. Aminul, I., Golzare, N., Rafiun, & Sharif, H. (2023). Implementing application Sukuk: directions. Journal Nusantara Studies, 8(2), 27-43. http://dx.doi.org/10.24200/jonus.vol8iss2pp27-43
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ژورنال
عنوان ژورنال: Journal of Nusantara Studies
سال: 2023
ISSN: ['0127-9319', '0127-9386']
DOI: https://doi.org/10.24200/jonus.vol8iss2pp27-43