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Can I read Specifics of Managing Financial Instruments in Islamic Banks on EtoBox?
Specifics of Managing Financial Instruments in Islamic Banks by Ivona Ražnatović; Lejla Tuzlak is a Economics, Econometrics and Finance article available to read on EtoBox.
What is Specifics of Managing Financial Instruments in Islamic Banks about?
This professional paper aims to bring closer to readers the basic characteristics and business features of Islamic banks as well as islamic financial instruments. Islamic banking has proven to be a potential and, above all, ethical, alternative method of banking worldwide. The transactional prohibition of collecting and earning interest is the most important prominent feature of Islamic banks. In other words, it is inadmissible that 'money create money' without the labor and the real sector effort. Islamic banks consider ethical responsibility on the supply side and thereby supply the market with an offer-based on trust. The most important characteristics of Islamic banks are participation and guarantees. Islamic banks perform with two major types of contracts: non-participatory or asset-based (murabahah, ijarah, istishna and salam) and risk-sharing/participatory or equity-based (musharakah, mudarabah).
Who reads Specifics of Managing Financial Instruments in Islamic Banks?
It is typically read by researchers, students, and practitioners in Economics, Econometrics and Finance.
- Author
- Ivona Ražnatović; Lejla Tuzlak
- Publisher
- Faculty of Administration University of Sarajevo
- Published
- 2022
- Language
- EN
- Field
- Economics, Econometrics and Finance (Social Sciences)