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Browse Academic Presentation by Author "Alaa Alaabed"
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- PublicationUndermining shared prosperity? Risk shifting and Islamic bankingAlaa Alaabed; Abul Mansur Mohammed Masih; Abbas Mirakhor (2015)
Automatically, risk shifting is absent in an ideal Islamic financial system (The Kuala Lumpur Declaration, 2012). Creating an opportunity for shared prosperity is a litmus test of the authenticity of Islamic banking. The present formation of Islamic finance has grown out of conventional finance and it uses its instruments.
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