Text

Dilemmas and challenges in Islamic finance : looking at equity and microfinance

---

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.

---

Ketersediaan

Informasi Detail

Judul Seri

Islamic business and finance

No. Panggil

U 330.017 SUZ d

Penerbit

Abingdon, Oxon : Routledge., 2018

Deskripsi Fisik

xiv, 216 pages ; 24 cm

Bahasa

English

ISBN/ISSN

9781138095403

Klasifikasi

330.017

Tipe Isi

-

Tipe Media

-

Tipe Pembawa

-

Edisi

-

Subjek

Finance -- Religious aspects -- Islam
Finance -- Islamic countries
Microfinance -- Islamic countries

Info Detail Spesifik

-

Pernyataan Tanggungjawab

-

Versi lain/terkait

Lampiran Berkas

URl Source

Komentar

---

Anda harus masuk sebelum memberikan komentar