Why Choose Us?
0% AI Guarantee
Human-written only.
24/7 Support
Anytime, anywhere.
Plagiarism Free
100% Original.
Expert Tutors
Masters & PhDs.
100% Confidential
Your privacy matters.
On-Time Delivery
Never miss a deadline.
As per the OIC Central Bank Governors declaration of 1982, which one below is not an aspect of the relationship between central banks and Islamic banks? a
As per the OIC Central Bank Governors declaration of 1982, which one below is not an aspect of the relationship between central banks and Islamic banks? a. Lender of last resort b. Supervisor regarding monetary policy c. Shariah supervisory d. Clearing house 75
Expert Solution
As per the OIC central bank governors declarartion of 1982, shariah supervisory is not an aspect of relationship between central banks and islamic banks. This is because, the shariah supervisory comes under the shariah supervisory board who take care that the banking is done according to the shariah law. This aspect of the islamic banks is not under the purview of central banks. The central banks in turn support the islamic banks by being the lender of last resort and they supervise the monetary policies undertaken by the islamic banks and alse they are clearing houss for the Islamic Banks.
Archived Solution
You have full access to this solution. To save a copy with all formatting and attachments, use the button below.
For ready-to-submit work, please order a fresh solution below.





