The recent financial crisis led to the expansion of deposit-insurance coverage in many countries. We develop a structural model of the banking market in which banks act as financial intermediaries between consumers who have funds and businesses that seek loans, and explore the implications of such policies for banks and depositors. Our results indicate the policy could erode market discipline a…
In 2012, consumers paid $32 billion in overdraft fees, representing the single largest source of revenue for banks from demand deposit accounts during this period. Owing to consumer attrition caused by overdraft fees and potential government regulations to reform these fees, financial institutions have become motivated to investigate their overdraft fee structures. Banks need to balance the rev…
Ijarah Muntahiyah Bittamlik (IMBT) ini merupakan jenis akad baru yang dibentuk sebagai konstruksi perjanjian sewa beli melalui pendekatan maqashid asy-syari’ah karena adanya kebutuhan dan kemaslahatan masyarakat. Secara prinsip, regulasi maupun implementasi IMBT telah sejalan dengan prinsip-prinsip syariah, namun dalam beberapa substansi hukum dan praktiknya masih ada yang dipandang…