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In the current unstable peace and security situation in Ethiopia, implementing a market-based or free-floating system or other policies is not straightforward simple and has not had a significant impact on macroeconomic policy in short-period. Despite the fact that, the market based rate may it allows central bank some intervention to manage volatility and stabilize the currency, which is crucial in an environment where external and internal factors that can lead to substantial economic fluctuations. However, the success of this approach depends on the central bank's ability to implement effective policies and maintain transparency and credibility amidst ongoing security concerns.

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Say, “He is the most Merciful; We have believed in him and upon Him we relied.” Quran (Surah Al Mulk:29)

Shari'ah governance is a system that is led by a Shari'ah board and an authority that oversees the Islamic financial institution's (IFI) practices. It is a crucial organ of IFIs as it ensures the efficient implementation of Shari'ah principles by directing, reviewing, and supervising their activities and legal rulings.
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Shari'ah Governance System- Board Members Duties and Responsibilities in IFIs Shari'ah governance is a system that is led by a Shari'ah board and an authority that oversees the Islamic financial institution's (IFI) practices. It is a c...

May Allah bless and shower his mercy upon you this Jumma and grant you good health, happiness, and prosperity!

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