Advancing well-being with interest-free finance

This paper argues that utilising risk sharing in preference to interestbased financing would bring a broad range of economic benefits to both individuals and society. The main reason is that equity financing, whether in its conventional or Islamic form, allocates resources more efficiently than loan...

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Bibliographic Details
Main Author: Nik Zainun
Other Authors: Abdul Karim Abdullah
Format: Journal
Published: Islam and Civilisational Renewal, International Institute of Advanced Islamic Studies (IAIS) Malaysia 2015
Subjects:
Online Access:http://www.myjurnal.my/public/article-view.php?id=111473