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This book presents the monetary policy tool from Islamic perspective and its critical impact in the transmission of monetary policy of a dual financial system. It is recommended for those seeking basic knowledge about the transmission of an interest rate within a dual system that may affect the effectiveness of monetary policy.

The analysis should be of high value to professional economists and students alike, and benefits researchers who wish to know the degree to which the Islamic and conventional interbank rates are correlated and whether each rate acts similarly on inflation and exchange rates. It also helps in organising information, constructing a conceptual or theoretical framework, or even writing the final textual presentation.


Instructor Biography

Zetty Zahureen teaches Fundamental of Finance, Banking Operation and Documentation, Investment Management, Technical Analysis, Financial Market and Institution, and Quantitative Research Method for degree level of a Bachelor of Business Administration Finance and advising research students at Undergraduate and Postgraduate levels of Business Administration Finance. Her research focuses on Monetary Policy specifically on macroeconomic, government spending and revenue, International Trade focuses on balance of trade, central bank of a dual banking system, Stock Market such as the money market sensitivity on the stock market returns and Econometrics on time- series.

Some of her published work and research deals with the ethical decision making among managers, relationship between Federal Government revenue and spending, the money market sensitivity on the stock market returns, the fundamental concept of investment, the policy trilemma and sterilisations and the crucial monetary policy rates in the transmission of monetary policy.

Zetty has served as a lecturer to the Universiti Teknologi MARA for 18 years. and is actively involved in quality accreditation for UiTM. Zetty has a vast experience in teaching and research in an array of Finance and Economics field. Zetty received her BBA in Finance from Universiti Teknologi MARA (UiTM), MBA in International Trade from Universiti Putra Malaysia (UPM) and Ph.D in Finance and Economics from University of South Australia (UniSA).

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