The Economics of Islamic Finance and Securitization /
Islamic lending transactions are governed by the precepts of the shariah, which bans interest and stipulates that income must be derived as return from entrepreneurial investment. Since Islamic finance is predicated on asset backing and specific credit participation in identified business risk, stru...
| Main Author: | |
|---|---|
| Format: | Journal |
| Language: | English |
| Published: |
Washington, D.C. :
International Monetary Fund,
2007.
|
| Series: | IMF Working Papers; Working Paper ;
No. 2007/117 |
| Online Access: | Full text available on IMF |