Analyzing the profit-loss sharing contracts with Markov model

The purpose of this paper is to examine how to use first order Markov chain to build a reliable monitoring system for the profit-loss sharing based contracts (PLS) as the mode of financing contracts in Islamic bank with censored continuous-time observations. The paper adopts the longitudinal analysi...

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Bibliographic Details
Main Authors: Imam Wahyudi, Ali Sakti
Format: Article
Language:English
Published: Komunitas Ilmuwan dan Profesional Muslim Indonesia 2016-12-01
Series:Communications in Science and Technology
Subjects:
Online Access:https://cst.kipmi.or.id/index.php/cst/article/view/17/13