السياسة النقدية في الاقتصاد الإسلامي: عرض تجربة السودان

Abstract EN

G23.

This study aims to clarify the concept of monetary policy in the Islamic economy, by reviewing the most important tools used in it, compared to the tools used in the positive economy, which vary in quantity, quality and preference tools, some of which conflict with Islamic law, such as the interest rate, and some of them agree with it as qualitative tools, as well as Open market operations, therefore, we note wide interest in Islamic sukuk for its effective role in activating the financial market.

In addition to clarifying the practical applications of monetary policy in economic reality, with reference to the experience of Sudan, which is the only experience that applied this policy in an integrated framework, so it was necessary to identify this model.

Through this study, we reached the effectiveness of monetary policy in addressing inflation, in addition to the contribution of the Islamic financial market in achieving the objectives of economic policy.