Impact of Asymmetric Information in Islamic Financial contract: An Empirical Analysis
A primary source of asymmetric information arises from banks’ uncertainty about borrowers’ Creditworthiness. This can generate two types of barriers to efficient credit allocation in the loan market: ad-verse selection in the likelihood of repayment and moral hazard in the riskiness of firms’ bus...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
Università degli Studi di Torino
2019-12-01
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Series: | European Journal of Islamic Finance |
Subjects: | |
Online Access: | https://www.ojs.unito.it/index.php/EJIF/article/view/3301 |