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Constraints to Participatory Finance

In: Participatory Islamic Finance

Author

Listed:
  • Muhammad Nouman

    (University of Agriculture)

  • Karim Ullah

    (Institute of Management Sciences)

Abstract

Participatory modes of financingParticipatory modes of financing are the ideal modes of financingIdeal modes of financing and represent the true spirit of Islamic banking and financeSpirit of Islamic banking and finance, as discussed in the context of Shari’ahShari’ah, Islamic economic principlesIslamic economic principles, and advocacy of the Islamic bankingIslamic banking essence and models, covered in previous chapters. It, therefore, seems important that Islamic banksIslamic banking may promote participatory financingParticipatory finance. However, in practice Islamic banksPractice Islamic banks tend to avoid participatory financingParticipatory finance even though acknowledging its originalityOriginality. This chapter, therefore, attempts to identify and describe the constraints to participatory financeConstraints to participatory financing.

Suggested Citation

  • Muhammad Nouman & Karim Ullah, 2023. "Constraints to Participatory Finance," Springer Books, in: Participatory Islamic Finance, chapter 0, pages 85-101, Springer.
  • Handle: RePEc:spr:sprchp:978-981-19-9555-2_5
    DOI: 10.1007/978-981-19-9555-2_5
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