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

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 appropri...

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Main Author: Sadique, Muhammad Abdurrahman
Format: Article
Language:English
Published: Universal Publishers 2010
Subjects:
Online Access:http://irep.iium.edu.my/4051/
http://irep.iium.edu.my/4051/1/gjmbr_vol10_issue2_18.pdf
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author Sadique, Muhammad Abdurrahman
author_facet Sadique, Muhammad Abdurrahman
author_sort Sadique, Muhammad Abdurrahman
building IIUM Repository
collection Online Access
description 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.
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institution International Islamic University Malaysia
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publishDate 2010
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spelling iium-40512015-11-19T00:16:14Z http://irep.iium.edu.my/4051/ Islamic banks' dilemma between ideals and practice: debt or equity Sadique, Muhammad Abdurrahman KBP173.25 Islamic law and other disciplines or subjects 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. Universal Publishers 2010-04 Article PeerReviewed application/pdf en http://irep.iium.edu.my/4051/1/gjmbr_vol10_issue2_18.pdf 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 http://www.gbmr.ioksp.com/
spellingShingle KBP173.25 Islamic law and other disciplines or subjects
Sadique, Muhammad Abdurrahman
Islamic banks' dilemma between ideals and practice: debt or equity
title Islamic banks' dilemma between ideals and practice: debt or equity
title_full Islamic banks' dilemma between ideals and practice: debt or equity
title_fullStr Islamic banks' dilemma between ideals and practice: debt or equity
title_full_unstemmed Islamic banks' dilemma between ideals and practice: debt or equity
title_short Islamic banks' dilemma between ideals and practice: debt or equity
title_sort islamic banks' dilemma between ideals and practice: debt or equity
topic KBP173.25 Islamic law and other disciplines or subjects
url http://irep.iium.edu.my/4051/
http://irep.iium.edu.my/4051/
http://irep.iium.edu.my/4051/1/gjmbr_vol10_issue2_18.pdf