Indexation - An Islamic Evaluation الفهرسة - تقييم إسلامي

S. M. Hasanuz Zaman
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S. M. Hasanuz Zaman: Chief of the Islamic Research Division, State Bank of Pakistan.

Journal of Research in Islamic Economics, 1985, vol. 2, issue 2, 31-49

Abstract: The decreasing purchasing power of money has been one of the most intriguing problems not only for the economists but also for the savers, lenders, and consumers. The inflationary tendency that enveloped the world economy after World War II and assumed alarming proportion during the seventies seems now to have become a secular trend. The economists' failure in averting this trend has not only convinced them of its weird coexistence with economic development and progress but, more than that, some of them have brought in a number of arguments to justify its existence to a certain limit and to decorate it with a constructive role in economic growth. --

Date: 1985
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