Failure and potential of profit-loss sharing contracts: a perspective of New Institutional, Economic (NIE) theory
This paper theoretically evaluates why profit–loss sharing (PLS) contracts in Islamic banking fails and its potential for improvement within the scope of the New Institutional Economic Theory (NIE). The objective of the evaluation is to draw conclusive theoretical arguments of whether Islamic bankin...
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Main Authors: | , , , |
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Format: | Article |
Language: | English English |
Published: |
Elsevier
2014
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Subjects: | |
Online Access: | https://eprints.ums.edu.my/id/eprint/30931/1/Failure%20and%20potential%20of%20profit-loss%20sharing%20contracts_%20A%20perspective%20of%20New%20Institutional%2C%20Economic%20%28NIE%29%20Theory_ABSTRACT.pdf https://eprints.ums.edu.my/id/eprint/30931/2/Failure%20and%20potential%20of%20profit-loss%20sharing%20contracts_%20a%20perspective%20of%20New%20Institutional%2C%20Economic%20%28NIE%29%20theory.pdf https://eprints.ums.edu.my/id/eprint/30931/ https://www.sciencedirect.com/science/article/pii/S0927538X1400016X http://dx.doi.org/10.1016/j.pacfin.2014.01.004 |
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https://eprints.ums.edu.my/id/eprint/30931/1/Failure%20and%20potential%20of%20profit-loss%20sharing%20contracts_%20A%20perspective%20of%20New%20Institutional%2C%20Economic%20%28NIE%29%20Theory_ABSTRACT.pdfhttps://eprints.ums.edu.my/id/eprint/30931/2/Failure%20and%20potential%20of%20profit-loss%20sharing%20contracts_%20a%20perspective%20of%20New%20Institutional%2C%20Economic%20%28NIE%29%20theory.pdf
https://eprints.ums.edu.my/id/eprint/30931/
https://www.sciencedirect.com/science/article/pii/S0927538X1400016X
http://dx.doi.org/10.1016/j.pacfin.2014.01.004