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Risk sharing as the epistemological foundation of Islamic finance

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dc.contributor.authorMirakhor, Abbas
dc.contributor.authorSmolo, Edib
dc.date.accessioned2016-09-19T07:47:56Z
dc.date.available2016-09-19T07:47:56Z
dc.date.disclosure2/8/2016
dc.date.issued2013
dc.description.abstractEpistemology is defined as the theory of the method or grounds of knowledge. Simply stated, it deals with the question of what we know about a phenomenon and how do we know it. It is used in this paper to clarify the terms and phenomena and show deviations of actual practices from its epistemology. Beofre Islamic finance made its debut in the conventional space, there was what could be a 'market failure'in the financial system in the form of substantial unmet demands for Shari'ah-compliant financial products.
dc.identifier.citationMirakhor, Abbas & Smolo, Edib. (2013). Risk sharing as the epistemological foundation of Islamic finance. In Mohammad Hashim Kamali & Sheila Ainon Yussof (Eds.), Islamic transactions and finance: principles and developments (pp. 29-66). Ampang, Selangor: Malaysian Current Law Journal (MCLJ).
dc.identifier.isbn9789670000000
dc.identifier.urihttps://ikr.inceif.org/handle/INCEIF/1914
dc.languageEnglish
dc.language.isoen
dc.publisherMalaysian Current Law Journal Sdn Bhd
dc.rights2013. Malaysian Current Law Journal Sdn Bhd
dc.sourceCRP
dc.subjectEpistemology
dc.subjectIslamic finance
dc.subjectShariah-compliant
dc.titleRisk sharing as the epistemological foundation of Islamic finance
dc.typeChapter in Book
dlc.maintopicIslamic finance
dlc.subtopicRisk sharing in Islamic finance
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.licenseAvailable in physical copy only
ikr.topic.maintopicIslamic finance
ikr.topic.subtopicIslamic finance
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