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Moving beyond rhetoric: Can Islamic banking become mainstream in Pakistan

Author

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  • Dawood MAMOON

    (School of Business & Economics, University of Islamabad, Islamabad, Pakistan.)

Abstract

Challenging economic theory that is developed at micro level is a common practice among macro-economic behaviors of conventional economic system. In this context the paper analyses Islamic banking that tries to bring an interest free financial system. The paper explains the circumstances that may lead to a universal application of Islamic banking in Pakistan. This is done after presenting a detailed discussion on the rational for conventional banking.

Suggested Citation

  • Dawood MAMOON, 2017. "Moving beyond rhetoric: Can Islamic banking become mainstream in Pakistan," Turkish Economic Review, EconSciences Journals, vol. 4(4), pages 414-418, December.
    • Handle: RePEc:cvv:journ2:v:4:y:2017:i:4:p:414-418
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    JEL classification:

    • E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General

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