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Incorporated cash waqfs and mudaraba, Islamic non-bank financial instruments from the past to the future


  • Cizakca, Murat


We will discuss in this paper whether it would be possible to merge two powerful traditional Islamic financial institutions, the cash waqfs and the mudaraba, with the European corporate form to create a potent modern Islamic non-bank institution.

Suggested Citation

  • Cizakca, Murat, 2004. "Incorporated cash waqfs and mudaraba, Islamic non-bank financial instruments from the past to the future," MPRA Paper 25336, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:25336

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    References listed on IDEAS

    1. Kuran, Timur, 2003. "The Islamic Commercial Crisis: Institutional Roots of Economic Underdevelopment in the Middle East," The Journal of Economic History, Cambridge University Press, vol. 63(02), pages 414-446, June.
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    Cited by:

    1. Sayyed Mohammad Sayyed Hosseini & Taqi Ebrahimi Salari & Sayyed Mahdi Narimani Zaman Abadi, 2014. "Study of Cash Waqf and Its Impact on Poverty (Case Study of Iran)," Economic Analysis Working Papers (2002-2010). Atlantic Review of Economics (2011-2016), Colexio de Economistas de A Coruña, Spain and Fundación Una Galicia Moderna, vol. 2, pages 1-1, December.
    2. repec:hur:ijarbs:v:8:y:2018:i:2:p:287-305 is not listed on IDEAS

    More about this item


    cash waqfs; mudaraba; corporation; Islamic non-bank financial institutions;

    JEL classification:

    • N85 - Economic History - - Micro-Business History - - - Asia including Middle East


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