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Record W2154504329 · doi:10.5539/ijef.v3n3p234

Interest-Free Bonds and Central Banking Monetary Instruments

2011· article· en· W2154504329 on OpenAlexvenueno aff
Bijan Bidabad, Abul Hassan, Mohamed Sami Ben Ali, Mahmoud Allahyarifard

Bibliographic record

VenueInternational Journal of Economics and Finance · 2011
Typearticle
Languageen
FieldBusiness, Management and Accounting
TopicIslamic Finance and Banking Studies
Canadian institutionsnot available
Fundersnot available
KeywordsBondTreasuryLoanDebtBond marketFinancial systemBusinessInterest rateFinancial marketEconomicsAsset (computer security)Face valueSukukMonetary economicsFinanceIslamIslamic finance

Abstract

fetched live from OpenAlex

Since conventional bonds include Riba (interest), they are not allowed to be used in the Central Banking under the Islamic economics system. By introducing various interest-free bonds for central bank, commercial banks, treasury and corporate entities in domestic and foreign currencies as substitutes for traditional bonds, this paper provides an Islamic financial innovations strategies which will be accomplishing the infrastructures for development of financial markets in both domestic as well as foreign financial markets. These asset-based papers have no pre-fixed interest coupons, and are based upon “loan equal to future debt” or, “debt equal to future loan” with “time-drawing right” which is handed to the other party and outlines the primary market. The secondary market has been designed based on information technology. Furthermore, these interest-free financial innovations include no-short pricing of the securities below its face value, and will substitute for traditional bonds and will stabilizing domestic and foreign exchange markets.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame machine prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. The Gemma side is a direct model label for every work in the frame, read from the title-only record. The Codex side is a classifier learned from the 10,348 direct Codex labels and calibrated to design-weighted sample rates; fields without enough sample support carry no Codex call. Candidate is the union of the two sides; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.002
Version: metacan-v3-hybrid-931329e0061cValidation status: machine_predicted_unvalidated
Candidate categoriesnone
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Empirical · Consensus signal: none
Teacher disagreement score0.005
Threshold uncertainty score0.016

Distilled classifier scores by category (both heads)

CategoryCodexGemma
Metaresearch0.0010.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0010.001
Science and technology studies0.0000.002
Scholarly communication0.0030.003
Open science0.0000.001
Research integrity0.0010.001
Insufficient payload (model declined to judge)0.0050.001

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.022
GPT teacher head0.198
Teacher spread0.175 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one source (direct Gemma or distilled Codex), not a consensus.

The models applied no category: nothing in the taxonomy fit this work.
Study designTheoretical or conceptual
Domainnot available
GenreEmpirical

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations26
Published2011
Admission routes1
Has abstractyes

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