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Monetary policy in perspective of Umer Chapra

Author

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  • Arikha, Dahlia

Abstract

This research is a type of qualitative research with a study approach profound literature. The study discussed was the thought of M. Umer Chapra in the field of Islamic monetary policy. Chapra's extensive experience in teaching and research economic field as well as a good understanding of Islamic Shari'ah, bringing on the conclusion that Islam is only the most appropriate alternative system for creating the welfare of mankind. It was shown Chapra in the discussion about instruments in monetary policy, the urgency of changing the banking system and on finally realize the concept of Islamic-style welfare state.

Suggested Citation

  • Arikha, Dahlia, 2018. "Monetary policy in perspective of Umer Chapra," MPRA Paper 87022, University Library of Munich, Germany, revised 04 Apr 2018.
  • Handle: RePEc:pra:mprapa:87022
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    File URL: https://mpra.ub.uni-muenchen.de/87022/1/MPRA_paper_87022.pdf
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    More about this item

    Keywords

    Monetary Policy; Reconstruction Conventional Bank; Islamic Welfare State;

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
    • O42 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Monetary Growth Models

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