Islamic banks' dilemma between ideals and practice: debt or equity

Sadique, Muhammad Abdurrahman (2010) Islamic banks' dilemma between ideals and practice: debt or equity. Global Journal of Management and Business Research, 10 (2). pp. 147-150. ISSN 0975- 5853

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Abstract

Equity financing modes currently adopted by Islamic banks are seen to be based on debt-based formats, originally developed for implementation in in interest-based financing system. With the experience gained over a period, a careful scrutiny of prevalent equity financing techniques could be appropriate in order to assess the level of their success in achieving Islamic economic objectives. With Islamic banking gaining a firm foothold in the banking and commercial sectors, a more dynamic approach to promulgating the ideals of equity participation appears timely.

Item Type:	Article (Journal)
Additional Information:	5640/4051
Uncontrolled Keywords:	Islamic banking, debt, equity
Subjects:	K Law > KBP Islamic Law > KBP1 Islamic law.Shariah.Fiqh > KBP173.25 Islamic law and other disciplines or subjects
Kulliyyahs/Centres/Divisions/Institutes (Can select more than one option. Press CONTROL button):	Ahmad Ibrahim Kulliyyah of Laws
Depositing User:	Dr Muhammad Abdurrahman Sadique
Date Deposited:	21 Sep 2011 08:34
Last Modified:	19 Nov 2015 08:16
URI:	http://irep.iium.edu.my/id/eprint/4051

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