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 a...
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| Format: | Article |
| Language: | English |
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Universiti Utara Malaysia
2013-08-01
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| Series: | The International Journal of Banking and Finance |
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| Online Access: | https://www.e-journal.uum.edu.my/index.php/ijbf/article/view/8473 |