Inter-Bank Flow of Funds or Inter-Bank Call Money
Inter-bank call money may be treated in the same way as the funds received from the central bank are treated. Various options have been described above. But inter-bank flow of funds as well as the funds received from the central bank should be handled on shareholders’ account and should be separate from the income account of the PLS depositors.
Dr Ziauddin Ahmad
Source: Elimination of Riba, Khurshid Ahmad, Khalid Rahman and Zahed A. Valie. Republished with permission.
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