Evidence on agency-contractual problems in mudarabah financing operations by Islamic banks*

Abdel-Fattah A.A. Khalil, Colin Rickwood and Victor Murinde

Chapter 4 in Islamic Banking and Finance, 2002 from Edward Elgar Publishing

Abstract: Islamic Banking and Finance discusses Islamic financial theory and practice, and focuses on the opportunities offered by Islamic finance as an alternative method of financial intermediation. Key features of profit-sharing (as opposed to debt-based) contracts are highlighted, and the ways in which they can facilitate improved efficiency and stability of a financial system are explored.

Keywords: Economics and Finance (search for similar items in EconPapers)
Date: 2002
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