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Home > QFINANCE Dictionary > Definition of narrow bank

Definition of

narrow bank

Banking

bank with safely invested deposits a proposed type of bank that has all its deposits invested in safe assets, and which does not involve itself in investment banking

Recommended Further Reading (Term count)
  • The Case for Separation of Islamic Banks’ Transaction and Investment Functions
    by Volker Nienhaus
    This article was first published in Quantum magazine.During the recent global economic crisis, some argued that the financial industry would have been significantly more stable and resilient if all its institutions had followed the principles and laws governing Islamic banking.A case can certainly be made that there are strong prudential advantages in a system which prohibits riba (interest), gharar (uncertainty), and maysir (gambling), as well...
narrow bank - Related Articles

  • The Case for Separation of Islamic Banks’ Transaction and Investment Functions

    Viewpoints

    The key to ensuring the long-term stability of the Islamic financial sector could be to establish different legal entities for a bank’s transaction and investment functions. This is not a new idea: in the recent debates on conventional financial system reforms, proposals for 100% money, narrow
    By Volker Nienhaus

  • Corporate Governance in Transitional Countries—Shareholders or Stakeholders?

    Best Practice

    Companies must comply with certain rules and regulations and adhere to the directions agreed by the board of directors. They institutionalize and adhere to rules of executive compensation, and are monitored by financial institutions and banks. Company executives and managers on lower levels comply
    By Irena Jindrichovska

  • Key Principles of Islamic Finance

    Checklists

    finance also prohibits investment in sectors classified as inappropriate on moral grounds by shariah law. These include industries involving alcohol, gambling, or drugs, but can extend well beyond these narrow boundaries. Each Islamic bank’s adherence to the principles of shariah law is governed by its own

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Definitions of ’narrow bank’ and meaning of ’narrow bank’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’narrow bank’ and other financial terms with our online QFINANCE Financial Dictionary.

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