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Dilemmas and Challenges in Islamic Finance
- Looking at Equity and Microfinance
Engelsk
Bogcover for Dilemmas and Challenges in Islamic Finance af , 9780367504267
Specifikationer
Sprog:
Engelsk
Sider:
234
ISBN-13:
9780367504267
Indbinding:
Paperback
ISBN-10:
036750426X
Udg. Dato:
18 dec 2020
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
18 dec 2020

Dilemmas and Challenges in Islamic Finance

- Looking at Equity and Microfinance
Engelsk
Paperback 2020
Format:

Bog beskrivelse

The phenomenal growth of Islamic finance in the last few decades has been accompanied by a host of interesting questions and challenges. One of the critical challenges is how Islamic financial institutions can be motivated to participate in the ''equity-like'' profit-and-loss sharing (PLS) contracts. It is observed that Islamic banks are reluctant to participate in the pure PLS scheme which is manifested by the rising concentration of investment on murabaha or mark-up financing. This phenomenon has been the hotbed of academic criticism on the contemporary practice of Islamic banking. This book explains the ''murabaha syndrome'' in light of the incentive provided by the current institutional framework and what are the changes required in the governance structure to mend this anomaly.

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Specifikationer
Sprog:
Engelsk
Sider:
234
ISBN-13:
9780367504267
Indbinding:
Paperback
ISBN-10:
036750426X
Udg. Dato:
18 dec 2020
Størrelse i cm:
23,4 x 15,6
Oplagsdato:
18 dec 2020
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