A generalised theory of Islamic development financing

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:08
Year
1993
Country
United Kingdom
Language
English
Abstract

One can come to a broader understanding of Islamic finance by applying Islamic principles and methods to the international economic system. The cornerstones of Islamic finance include profitability and risk-diversification. Mudaraba (profit-sharing) ventures can galvanize the economy and put its wealth to use. Development and profits are linked.

English
ISSN/ISBN
0307-4358
No. of Pages
pp. 47-69
Number
7
Volume
19
Select type of work
Name of the Journal
CIS Program Old
CIS publications
No
CIS Thesis
No