looking at equity and microfinance Suzuki, Yasushi Editor Miah, Mohammad Dulal Editor mixed material bibliography London Routledge 2018 en English

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xiv, 216 pages ; 25 cm. The phenomenal growth of Islamic finance in the last few decades has been accompanied by a host of interesting questions and challenges. One of the critical challenges is how Islamic financial institutions can be motivated to participate in the 'equity-like' profit-and-loss sharing (PLS) contracts. It is observed that Islamic banks are reluctant to participate in the pure PLS scheme which is manifested by the rising concentration of investment on murabaha or mark-up financing. This phenomenon has been the hotbed of academic criticism on the contemporary practice of Islamic banking. This book explains the 'murabaha syndrome' in light of the incentive provided by the current institutional framework and what are the changes required in the governance structure to mend this anomaly. Finance Islamic Countries Microfinance Finance -- Religious aspects -- Islam Finance -- Islamic countries Microfinance -- Islamic countries Finance (Islamic law) 332.091767 9781138095403 e-Library Universitas Pertamina Be Global Leader 332.091767 SUZ d 8946/PUP/2019 Perpustakaan Universitas Pertamina 332.091767 SUZ d c.1 NAB_20220510_5.jpg.jpg 4924 2022-05-10 11:36:15 2023-02-02 13:44:23 machine generated