Mohammad Dulal Miah & Yasushi Suzuki 
Dilemmas and Challenges in Islamic Finance [PDF ebook] 
Looking at Equity and Microfinance

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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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Limba Engleză ● Format PDF ● Pagini 234 ● ISBN 9781351601863 ● Editor Mohammad Dulal Miah & Yasushi Suzuki ● Editura Taylor and Francis ● Publicat 2018 ● Descărcabil 3 ori ● Valută EUR ● ID 6563989 ● Protecție împotriva copiilor Adobe DRM
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