Browsing by Author "Sofjan, Hidajat"
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THE SUBPRIME MORTGAGE CRISIS: ISLAMIC ECONOMICS PERSPECTIVE
Prabowo, Hayu Susilo; Sofjan, Hidajat (Perbanas Quarterly Review, Perbanas Institute, 2009-03)The bursting of the housing bubble forced banks to write down several hundred billion dollars in bad loans caused by mortgage delinquencies. Two trends in the banking industry contributed significantly to the lending ...