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Incentive-compatible sukukmusharkah for private sector funding: Comment

Author

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  • Hasan, Zubair

Abstract

This paper is a comment on an article of Abdou Diaw; Obiyathullah Ismath Bacha and Ahsene Lahsusna that appeared in ISRA: International Jurnal of Islamic Finance,Volume 4, Issue 1, June 2012 under the title 'Incentive-compatible sukukmusharkah for private sector funding' The comment is limitted to correcting misinterpretations of some positions taken in Hasan 2002 on profit sharing ratios in mudarabah contracts.

Suggested Citation

  • Hasan, Zubair, 2012. "Incentive-compatible sukukmusharkah for private sector funding: Comment," MPRA Paper 41873, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:41873
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    References listed on IDEAS

    as
    1. Bacha, Obiyathulla I., 1997. "Adapting Mudarabah Financing to Contemporary Realities: A Proposed Financing Structure," MPRA Paper 12732, University Library of Munich, Germany, revised Nov 1996.
    2. Hasan, Zubair, 2008. "Islamic Banks: Profit sharing, equity, leverage lure and credit control," MPRA Paper 11737, University Library of Munich, Germany, revised Nov 2008.
    3. Hasan, Zubair, 1985. "Determination of Profit and Loss Sharing Ratios in Interest-Free Business Finance," MPRA Paper 3013, University Library of Munich, Germany.
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

    Islamic finance; profit sharing ratios; mudarabah;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

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