Islamic financial contracts are designed to facilitate financing according to Islamic norms. Islamic financing in its first stages used only the partnership modes of Musharakah and Mudarabah. Later it is realized that, to avoid moral hazards, yet compete successfully with conventional banks, it...

Recent global financial crises affected not only conventional banking, but also Islamic banks to some extent due to the absence of early warning systems. To avoid such vulnerabilities, there must be efficient measures that could identify in advance the emergence of susceptibility of financial...