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The low level participation of the Islamic banks in mudharabah and musharakah financing models has become one of the problems in the development of the industry. This arrangements are unique to Islamic banking and account for its superiority over conventional banking on grounds of ethics and...
Persistent link: https://www.econbiz.de/10008740678
The twentieth first century has witnessed resurgence in the observance of fundamental Islamic practices around the world. With it’s significant potential and competitive form of financial intermediation, Islamic finance and banking has emerged and experiencing rapid expansion. However, it...
Persistent link: https://www.econbiz.de/10008740680