Viability cf implementing direct interest-free credit clearance system in Muslim countries

This study aims to examine the possibilities of implementing direct interest-free credit clearance (DIFCC) system,which is one of the viable alternatives to solve the problems of contemporary currency system. The DIFCC, which is based ona netting system,has been implemented successfully by several c...

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Bibliographic Details
Main Authors: Jaafar, Syammon, Abdullah, Adam, Hassan, Rusni, Mydin Meera, Ahamed Kameel
Format: Article
Language:English
Published: IIUM Institute of Islamic Banking and Finance (IIiBF). 2016
Subjects:
Online Access:http://irep.iium.edu.my/55734/
http://irep.iium.edu.my/55734/
http://irep.iium.edu.my/55734/1/v12_n3_article8.pdf