6 In the Danish case two fairly general experiences has been seen regarding the relationship between monetary policy and fiscal policy in a fixed-exchange-rate regime: First there has been an unconditionally willingness to subordinate monetary policy to the exchange-rate strategy in order to get a stable exchange rate.
Today, we have two banks that exclusively offer Shariah-compliant products and who collectively, command a market share of 1% of the banking sector assets, in less than 4 years of operations. Having noted the growing interest in Shariah-compliant finance, some of the conventional banks have also created specific windows and divisions to enable them offer Shariah-compliant products to their customers.