How informal risk capital investors manage asymmetric information in profit/loss-sharing contracts

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.

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Authors:	Abalkhail, Mohammad ; Presley, John R.
Published in:	Islamic Banking and Finance.
Subject:	Economics and Finance

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Extent:	application/pdf
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011146762