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5 results for “Islamic Finance”
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Research ArticleOpen accessPhrase in the titleIslamic Finance Development and Economic Growth Nexus: The Case of the United Arab Emirates (UAE)Abdelghani Echchabi, Dhekra AzouziIslamic Banking presently knows a great success and new Islamic banks are opening every day all over the world. This Shari’ah (It is the bod of Islamic law, it literally means “way” or “path”) compliant banking is expected to withstand the financial crises and to enhance economic growth. In this paper, the purpose is to analyse the relationship between Islamic … …American Journal of Economics and Business Administration, Vol. 7, Issue 3 · 11 Aug 2015 · 7,304 accessesView PDFCite
Research ArticleOpen accessIn the abstractNew Projects Sharing Ratios under Musharakah Financing: A Repeated Game Theoretical Approach Using an Output versus a Proposed Effort Based ContractAdil Elfakir, Mohamed TkiouatIn this research, we provide a game theoretical approach of new projects financed under musharakah contracts using two types of contracts. The first type is effort based. It compensates the agent for the effort provided regardless of market conditions. The other type of contract is output based where the agent compensation is based solely on output realized. Our intuition is, … …American Journal of Applied Sciences, Vol. 12, Issue 9 · 8 Oct 2015 · 7,422 accessesView PDFCite