Participatory Islamic Finance: Ideals, Contemporary Practices, and Innovations

by Muhammad Nouman and Karim Ullah

Participation in risk and reward, as an alternate to conventional risk-transfer finance, is important for achieving the higher ethical objectives of Islamic finance, called maqasid al shariah, and responsible finance in general. That is why participatory finance is advocated as the ideal form of financing and the essence of Islamic banking and finance. The Participatory Islamic Finance: The Ideals, Contemporary Practices, and Innovations...

• Format: Hardcover
• Language: English
• ISBN: 9811995540
• ISBN13: 9789811995545
• Release Date: May 2023
• Publisher: Palgrave MacMillan
• Length: 242 Pages
• Weight: 1.04 lbs.
• Dimensions: 0.6" x 5.8" x 8.3"