Exploring the need to shift from debt-based to equity-based financing in Islamic banks: the case of Malaysia

• Main Authors: Mohd. Ariffin, Noraini, Kassim, Salina, Abdul Razak, Dzuljastri
• Format: Conference or Workshop Item
• Language: English; English
• Published: 2013
• Subjects: HG4001 Financial management. Business finance. Corporation finance.
• Online Access: http://irep.iium.edu.my/37443/1/Mindanou_conference_paper_-_21.10.13.pdf; http://irep.iium.edu.my/37443/2/Cagayan.pdf; http://irep.iium.edu.my/37443/

Due to the prohibition of interest in the Islamic banking transactions, ideally, Islamic banks should be involved more in equity-based financing which rely on the concept of risk and profit sharing as compared to debt-based financing which is similar to conventional banks. As such, financing instrum...