Trusted Markets: The Exchanges of Islamic Companies

In recent years, Turkey has witnessed a new form of corporate finance in which companies, commonly called ‘Islamic’, borrow directly from lenders without using any financial intermediaries. Trust among lenders and borrowers has initiated market exchange, secured deals and lowered transaction costs....

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Veröffentlicht in:	Comparative economic studies 2006-03, Vol.48 (1), p.132-155
Hauptverfasser:	Ozcan, Gul Berna, Cokgezen, Murat
Format:	Artikel
Sprache:	eng
Schlagworte:	A10 A14 Access to credit Adverse selection Analysis Borrowing Case studies Corporate finance Cost control Economic theory Economics Economics and Finance Financial economics Financial institutions Financial intermediaries G14 International aspects International Economics Investments Islam Islamic economics Islamic financing Massachusetts trusts Morality Muslims O10 O14 P14 P52 Political Economy/Economic Systems Poverty Religious aspects Secured transactions Self interest Social impact Studies Surveillance Transaction costs Trust Z12
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