Broad Money in Islamic Economics and Finance

Author: Eka Wahyu Hestya Budianto
ISBN: xxx-xxx-xxxx-xx-x
Edition: First, January 2026/Rajab 1447 H
Page: xii + 326 hlm, B5 (18,2 cm x 25,7 cm)
Synopsis: Money lies at the heart of modern economic systems, shaping growth, stability, distribution, and financial resilience. Among the key monetary aggregates, broad money occupies a central position, reflecting the total liquidity available within an economy, including currency, demand deposits, and various forms of quasi-money. Understanding the dynamics of broad money is essential for evaluating macroeconomic stability, monetary transmission, and financial development. This book examines broad money through the lens of Islamic economics and finance, integrating theoretical foundations, institutional mechanisms, and empirical evidence.