Profit sharing ratios in mudaraba contract revisited
The paper discusses three interconnected issues: Is the profit sharing between the Islamic banks and the depositors fair, can the profit sharing ratio between the banks and the borrowers on the one hand and between the banks and depositors on the other be identical in a two-tier mudaraba arrangement, and can the Central Bank of a country use the sharing of profit ratio as a tool for credit control in the economy?
|Date of creation:||2009|
|Date of revision:||2010|
|Publication status:||Published in International Journal of Banking and Finance 1.7(2010): pp. 1-20|
|Contact details of provider:|| Postal: Ludwigstraße 33, D-80539 Munich, Germany|
Web page: https://mpra.ub.uni-muenchen.de
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- Hasan, Zubair, 1985. "Determination of Profit and Loss Sharing Ratios in Interest-Free Business Finance," MPRA Paper 3013, University Library of Munich, Germany.