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Financial Intermediation
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Formal & Structured

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, > What to Produce,
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Trial & Error


(Effective Allocation of scarce resources to meet unlimited demand)



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BAT (Brithish American
Tobacco)

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(Currency)
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Fungible Goods
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Non Fungible Goods , ,


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Fungible Goods ( )
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( ) -------- (Fungible/ Non Fungible Goods) ------( ) ------ - -- (Non Fungible Goods Only)
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( ) -------- (Fungible/ Non Fungible Goods) ------( ) ------ - - (Non Fungible Goods Only)
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- http://www.islamqa.com/en/ref/115815/riba

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Clearing Account
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Overnight lending
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Fractional
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Fractional Reserve System
(Fiat money)
Current Account.

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Highlight

Theme

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Islam QA

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exception Default
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, Islamic Financial System is an asset based system.


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Conflicting Variation -

Co existing Variation

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Student of knowledge )

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,
stakeholder Analysis

Stakeholder 1:

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Stakeholder 2: -
default
Exception
Stakeholder 3:

, Proactive
,
If people are satisfied with a less perfect system, then people will never realize the taste of
perfection!

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