15  See Chen, Q., et al. (2015). “Financial Crisis, US Unconventional Monetary Policy and International Spillovers,” BIS Working Paper, 494, March. 16  See Hofmann, B. and B. Bogdanova (2012). “Taylor Rules and Monetary Policy: A Global ‘Great Deviation’?” BIS Quarterly Review, September; and Pasricha, G. et al. (2015).
(v)  By and large products are structured on murabaha principles where funds are allocated for particular projects or finance an asset (such as home ownership and automobiles) in which depositor shares in the project rather than bank profits and to structure ijara (leasing) with appropriate asset backing and legal structures.