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...

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Bibliographic Details
Main Authors: Sajjad Hussain Zafar, Danish A Siddiqui
Format: Article
Language:English
Published: Università degli Studi di Torino 2019-12-01
Series:European Journal of Islamic Finance
Subjects:
Online Access:https://www.ojs.unito.it/index.php/EJIF/article/view/3301