Mush̄ārakah and Mudārabah Instruments: Assessing their Characteristics
Until very recently, equity financing is more in line with the spirit of Islam as compared with debt financing. As such, mushārakah and mudārabah are the preferred modes for Islamic investors. It is therefore a matter of a concern that even after four decades after Islamic finance captured the att...
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Universiti Utara Malaysia
2013-07-01
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doaj-b7252bd33cb94a23ac8b050c3d4ef6692021-06-15T13:16:18ZengUniversiti Utara MalaysiaInternational Journal of Banking and Finance1675-722X2013-07-0110.32890/ijbf2013.10.2.8473Mush̄ārakah and Mudārabah Instruments: Assessing their CharacteristicsNaeem ChowdhuryUntil very recently, equity financing is more in line with the spirit of Islam as compared with debt financing. As such, mushārakah and mudārabah are the preferred modes for Islamic investors. It is therefore a matter of a concern that even after four decades after Islamic finance captured the attention of investors around the globe, these two purest genres account only for a small percentage of Islamic financial industry. The paper examines more searchingly for the reasons why mushārakah and mudārabah occupy such insignificant place among Islamic financial products. This paper offers an analytical insight. https://www.scienceopen.com/document?vid=06e1bb61-9801-4c18-aa27-ca3aefd93192 |
collection |
DOAJ |
language |
English |
format |
Article |
sources |
DOAJ |
author |
Naeem Chowdhury |
spellingShingle |
Naeem Chowdhury Mush̄ārakah and Mudārabah Instruments: Assessing their Characteristics International Journal of Banking and Finance |
author_facet |
Naeem Chowdhury |
author_sort |
Naeem Chowdhury |
title |
Mush̄ārakah and Mudārabah Instruments: Assessing their Characteristics |
title_short |
Mush̄ārakah and Mudārabah Instruments: Assessing their Characteristics |
title_full |
Mush̄ārakah and Mudārabah Instruments: Assessing their Characteristics |
title_fullStr |
Mush̄ārakah and Mudārabah Instruments: Assessing their Characteristics |
title_full_unstemmed |
Mush̄ārakah and Mudārabah Instruments: Assessing their Characteristics |
title_sort |
mush̄ārakah and mudārabah instruments: assessing their characteristics |
publisher |
Universiti Utara Malaysia |
series |
International Journal of Banking and Finance |
issn |
1675-722X |
publishDate |
2013-07-01 |
description |
Until very recently, equity financing is more in line with the spirit of Islam as compared with debt financing. As such, mushārakah and mudārabah are the preferred modes for Islamic investors. It is therefore a matter of a concern that even after four decades after Islamic finance captured the attention of investors around the globe, these two purest genres account only for a small percentage of Islamic financial industry. The paper examines more searchingly for the reasons why mushārakah and mudārabah occupy such insignificant place among Islamic financial products. This paper offers an analytical insight. |
url |
https://www.scienceopen.com/document?vid=06e1bb61-9801-4c18-aa27-ca3aefd93192 |
work_keys_str_mv |
AT naeemchowdhury musharakahandmudarabahinstrumentsassessingtheircharacteristics |
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1721376288718979072 |