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Ethical approach towards shareholders' interests, in terms of value maximization within predefined risk appetite limits, is the fiduciary responsibility of the corporate governance bodies. However, numerous cases of excessive risk taking as well as inadequate management procedures demonstrate...
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, since the revenue bank receives from a client is actually rent for its share in real estate bought through diminishing … musharakah financing. In this paper, we shall analyze possibilities to use market rent as a base for profit margin in Bosna Bank … International Sarajevo (BBI), the only bank in Bosnia and Herzegovina that operates according to Shariah principles. …
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