Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products

Although Islamic finance has demonstrated impressive development over the last few decades, many critics continue to raise the issue of Islamic financial institutions’ (IFIs) reluctance to apply risk-sharing principles, especially muḍārabah and mushārakah contracts, in the kinds of financing they of...

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Main Authors: Mohamed Naim, Asmadi, Md Hussain, Muhammad Nasri, Long, Muhamad Noor Habibi, Abu Bakar, Mahyuddin
Format: Book
Published: ISRA 2014
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Online Access:http://repo.uum.edu.my/12597/
http://www.ipublication.isra.my/product-890360.html
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spelling my.uum.repo.125972016-12-06T08:11:54Z http://repo.uum.edu.my/12597/ Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products Mohamed Naim, Asmadi Md Hussain, Muhammad Nasri Long, Muhamad Noor Habibi Abu Bakar, Mahyuddin BP Islam. Bahaism. Theosophy, etc HG Finance Although Islamic finance has demonstrated impressive development over the last few decades, many critics continue to raise the issue of Islamic financial institutions’ (IFIs) reluctance to apply risk-sharing principles, especially muḍārabah and mushārakah contracts, in the kinds of financing they offer.The issue of high risk associated with muḍārabah and mushārakah remains an obstacle to implementing them. Scholars have suggested a number of measures to minimize the associated risks, for example, proper guidelines on negligence (taqṣīr) and transgression (taʿaddī).Hence a systematic investigation of the concepts of taqṣīr and taʿaddī, guarantee (ḍamān) and managing moral hazard in muḍārabah and mushārakah products is paramount to their implementation. ISRA 2014 Book PeerReviewed Mohamed Naim, Asmadi and Md Hussain, Muhammad Nasri and Long, Muhamad Noor Habibi and Abu Bakar, Mahyuddin (2014) Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products. ISRA Research Paper . ISRA. http://www.ipublication.isra.my/product-890360.html
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
topic BP Islam. Bahaism. Theosophy, etc
HG Finance
spellingShingle BP Islam. Bahaism. Theosophy, etc
HG Finance
Mohamed Naim, Asmadi
Md Hussain, Muhammad Nasri
Long, Muhamad Noor Habibi
Abu Bakar, Mahyuddin
Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products
description Although Islamic finance has demonstrated impressive development over the last few decades, many critics continue to raise the issue of Islamic financial institutions’ (IFIs) reluctance to apply risk-sharing principles, especially muḍārabah and mushārakah contracts, in the kinds of financing they offer.The issue of high risk associated with muḍārabah and mushārakah remains an obstacle to implementing them. Scholars have suggested a number of measures to minimize the associated risks, for example, proper guidelines on negligence (taqṣīr) and transgression (taʿaddī).Hence a systematic investigation of the concepts of taqṣīr and taʿaddī, guarantee (ḍamān) and managing moral hazard in muḍārabah and mushārakah products is paramount to their implementation.
format Book
author Mohamed Naim, Asmadi
Md Hussain, Muhammad Nasri
Long, Muhamad Noor Habibi
Abu Bakar, Mahyuddin
author_facet Mohamed Naim, Asmadi
Md Hussain, Muhammad Nasri
Long, Muhamad Noor Habibi
Abu Bakar, Mahyuddin
author_sort Mohamed Naim, Asmadi
title Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products
title_short Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products
title_full Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products
title_fullStr Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products
title_full_unstemmed Issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products
title_sort issues of taqsīr, taʿaddī, guarantees and managing moral hazard in mudārabah and mushārakah products
publisher ISRA
publishDate 2014
url http://repo.uum.edu.my/12597/
http://www.ipublication.isra.my/product-890360.html
_version_ 1644280953423527936
score 12.748478