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Incentive-compatible sukukmusharkah for private sector funding: Comment

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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 Journal of Islamic Finance,Volume 4, Issue 1, June 2012 under the title 'Incentive-compatible sukukmusharkah for private sector funding' The comment is limited 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 41916, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:41916
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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, 1985. "Determination of Profit and Loss Sharing Ratios in Interest-Free Business Finance," MPRA Paper 3013, University Library of Munich, Germany.
    3. Munawar Iqbal & David T. Llewellyn (ed.), 2002. "Islamic Banking and Finance," Books, Edward Elgar Publishing, number 2499.
    4. Hasan, Zubair, 2008. "Islamic Banks: Profit sharing, equity, leverage lure and credit control," MPRA Paper 11737, University Library of Munich, Germany, revised Nov 2008.
    5. Zubair Hasan, 2010. "Islamic Banks: Profit Sharing Equity and Credit Control البنوك الإسلامية: ربحية التمويل القائم على الشراكة ومراقبة الائتمان," Journal of King Abdulaziz University: Islamic Economics, King Abdulaziz University, Islamic Economics Institute., vol. 23(1), pages 131-147, January.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Islamic finance; profit sharing ratios; mudarabah; sukuk;
    All these keywords.

    JEL classification:

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

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