Optimalisasi Peran Dual Banking System Melalui Fungsi Strategis JUB Dalam Rangka Menjaga Stabilitas Sistem Keuangan

Abstract

We study ínancial system stability by concern on liquidity and eìectiveness money multipler between dual banking system, both are; Shari'a Banking and Conventional Banking. Research begun with historical-idealty approach and compare it to reality especially when system attacked by crisis. e Comparation Between dual banking system, show that when crisis period Shari'a banking more Insusceptible than another one that because money multipler in shari'a banking is more deducated to riil sector and also he have low integrity with global economic, however the integrity has the positif side for develop economic quantity. By Monetary policy, A central bank can share this system stability adding quantity oì Shari'a ínancial instrumen and gold in foreign exchange policy to cover system sustebcibility. Looked into inìectiveneess banking rekapitalitation, there is 2 option to protect conventional banking stability: oïce channeling or convertion to shari'a banking. And the segmentation liquidity in money market between bank can be decreas by clearing system based on shari'a principle.