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Dilemmas and Challenges in Islamic Finance

Dilemmas and Challenges in Islamic Finance : Looking at Equity and Microfinance. 鈴木泰他著 イスラーム金融におけるジレンマと課題-エクイティとマイクロファイナンスを見る-

・ISBN 978-1-138-09540-3 2018 hard GB£ 145.99

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・ISBN 978-0-367-50426-7 2020 paper GB£ 38.99

¥12,351.- (税込) (※)価格はご注文時の参考価格となります。
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電子版あり 大学・学術機関向け電子ブック(eBook)ISBN 978-1-315-10567-3

著者・編者Suzuki, Yasushi / Miah, Mohammad Dulal,
シリーズIslamic Business and Finance Series
出版社(Routledge, UK)
ページ数216 pp.
言語ENG
ニュース番号<643-550>

解説

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.