About this document
150-Article Risk-Taking in Islamic Debt Financing Maqasid Perspective by missadvocate732 is a document available to read on EtoBox.
The paper examines risk-taking in Islamic debt financing from the perspective of Maqasid shariah, highlighting the differences between Islamic and conventional banking practices. It argues that while debt-based Islamic financing often mirrors conventional loans by transferring risk entirely to customers, Shariah encourages fair risk-sharing among parties. The study concludes that there is insufficient evidence to prohibit debt-based financing due to risk-taking issues, but it calls for careful consideration
- Author
- missadvocate732
- Language
- EN