DRP (Depositors Rate of Profit-Sharing)

https://islamicmarkets.com/index.php/dictionary/d/drp-depositors-rate-of-profit-sharing
Copy URL

Dictionary term

Definition of "DRP (Depositors Rate of Profit-Sharing)"

A proposed instrument of monetary policy in an interest-free environment, percentage share of depositors in the profits accruing to the banks. It is an Islamic alternative to interest on saving bank deposits and the central bank can manipulate to achieve monetary policy objectives.


Get access to 300+ modules today and learn from expert trainers...