Interest rate caps, also called usury ceilings, are a widely used policy tool to protect consumers from excessive charges by loan providers. However, they often cited as barrier for the advancement of financial inclusion, may reduce incentives provide loans lower-income borrowers and invest in branching networks, particularly remote isolated locations. In this paper, I exploit change ceiling ap...

The ceiling on private lending interest rates is a powerful financial tool to maintain stability and reduce usury. Especially now that peer-to-peer has encountered some challenges, the an essential way regulate this market. purpose of paper analyze necessity impact such also find optimal solution determine it. proves inevitable choice by using evolutionary game. However, it shown lowering will ...

The emergence of Islamic banks in Indonesia today is increasingly mushrooming. This inseparable from the role number Muslim populations who want an economic and banking system that far usury. has been exemplified by Prophet Muhammad his companions past this become basis or foundation for establishment banks. But reality Indonesia, relevance less attractive. research a descriptive qualitative re...

Diversity does not always get a positive response from the community because diversity often conflicts with developing cultures. This article aims to discover sociological approach in Islamic studies. The library research method is used variety of relevant sources. study results indicate that characteristics studies emphasize muamalah worship rather than ubudiyah. Theories include functional th...

Bill of Exchange is widely used in Islamic banking operations around the globe. This paper examines issue discounting from a Sharia perspective. The study revolves combining sale and borrowing (bay’ wa salaf). qualitative research adopts content analysis approach, using descriptive, analytical, comparative method to analyze collected data. Based on analysis, shows that its traditional raises co...