Sharīʿah-compliant central banking practices: lessons from Muslim countries’ experience

  title={Sharīʿah-compliant central banking practices: lessons from Muslim countries’ experience},
  author={Zaheer Anwer and Shabeer Khan and Muhammad Shahbani Abu Bakar},
The purpose of this study is to document how a central bank can perform its primary and secondary functions in a Sharīʿah-compliant manner. It also seeks to investigate the outcomes of the experiments of Muslim-majority countries in this regard.,As a first step, a detailed review of existing literature is conducted, which discusses the views of scholars and practitioners on the central banking mechanism in a fully Sharīʿah-compliant financial system. Moving further, the case studies of Iran… 
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