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Foundations of risk-sharing finance: an Islamic view

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dc.contributor.authorMirakhor, Abbas
dc.date.accessioned2016-09-19T07:47:56Z
dc.date.available2016-09-19T07:47:56Z
dc.date.disclosure3/8/2016
dc.date.issued2014
dc.description.abstractBefore the inception of the Islamic finance industry (IFI), there was what could be called a 'market failure' in the conventional financial system: significant unmet demand for Shari'a-compliant financial products. IFI grew out of conventional finance to meet this demand. Muslim scholars writing since the 1970s emphasized that Islamic finance was about risk-sharing (or profit/loss-sharing) contracts (see Siddiqi, 1985).
dc.identifier.citationMirakhor, Abbas. (2014). Foundations of risk-sharing finance: an Islamic view. In Mervyn K. Lewis, Mohamed Ariff & Shamsher Mohamad (Eds.), Risk and regulation of Islamic banking (pp. 107-128). Cheltenham, Glasglow: Edward Elgar Publishing Limited.
dc.identifier.isbn9781780000000
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/1925
dc.languageEnglish
dc.language.isoen
dc.publisherEdward Elgar Publishing Limited
dc.rights2014. Edward Elgar Publishing Limited
dc.sourceCRP
dc.subjectRisk-sharing
dc.subjectIslamic finance
dc.subjectFinance
dc.titleFoundations of risk-sharing finance: an Islamic view
dc.typeChapter in Book
dlc.maintopicIslamic finance
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.licenseAvailable in physical copy only
ikr.topic.maintopicIslamic finance
ikr.topic.subtopicIslamic finance
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