A MARKOV CHAIN MODEL FOR ISLAMIC MICRO-FINANCING
This paper introduces a Markov chain model for Islamic micro-financing, especially mudarabah and murababah contract. Mudarabah and murabahah are two Islamic micro-financing contracts that have enormous potential in creating a balance between the monetary and sharia sector because these two product...
| Main Authors: | , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Bank Indonesia
2019-12-01
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| Series: | Journal of Islamic Monetary Economics and Finance |
| Subjects: | |
| Online Access: | http://jimf-bi.org/index.php/JIMF/article/view/1081 |