Tag Archives: Inflation

Some Observations on User Cost of Capital

Posted on May 20, 2013 by

Salman Ahmed Shaikh Mainstream economics defines physical capital stock as things that are ‘produced means of production’. Examples of physical capital stock include machinery, tools, equipment, buildings, fixtures, infrastructure, installations and production plants, for instance. In a market economy, physical … Continue reading →

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Posted in Articles on Islamic Economics | Tagged , , , , , , , | 1 Comment

Problems with Inflation Indexation of Loans

Posted on February 28, 2012 by

Salman Ahmed Shaikh In past, some scholars have proposed to index financial loans in inflationary periods with some inflation index. In this article, we analyze the potential problems with this proposal. Problems from Applied Perspective If this proposal is suggested … Continue reading →

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Posted in Articles on Islamic Finance | Tagged , , , , , , | 2 Comments