Debt Instruments in Islamic Finance: A Critique

This article assesses the employment of traditional Islamic debt instruments by contemporary Islamic banks from an economic efficiency perspective. We highlight the fact that the performance of the bulk of the instruments pales in front of the modern facility of participating preferred ijāra. Thus,...

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Veröffentlicht in:	Arab law quarterly 2016-01, Vol.30 (2), p.185-198
Hauptverfasser:	Ebrahim, Muhammed Shahid, Sheikh, Mustapha
Format:	Artikel
Sprache:	eng
Schlagworte:	Automobile leases Charity Debt Economic efficiency Financial economics Financial instruments Financial intermediation Islam Islamic banking Islamic law
Online-Zugang:	Volltext
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