ISLAMICBANKINGANDISLAMICCAPITALMARKETASIT.pptVIP

5- Summary and Conclusions: Cut-off rate cannot be used as opportunity cost. In case of capitalism due to: rate of interest is both cost of capital and used as cut-off rate. Furthermore, investment (I) defined to be change in stock of capital, (ΔK), in and of itself, is an evidence that: I ≠ g(r) despite the common view to the contrary. * 5- Summary and Conclusions: Primary market is endorsed but the stock prices have to be asset-based in the secondary market, Money becomes an endogenous variable implying that as far as there are factors of production available money supply can be increased