Dilemmas and Challenges in Islamic Finance
Explore the intricate world of Islamic finance with Dilemmas and Challenges in Islamic Finance, authored by leading experts and published by Taylor & Francis Ltd in 2018. This insightful hardback edition spans 216 pages, delving into the complexities faced by Islamic banks today.
One of the key issues addressed is the reluctance of these banks to engage in pure Profit and Loss Sharing (PLS) schemes, leading to an increased reliance on Murabaha transactions. The book thoroughly investigates the so-called "Murabaha syndrome," offering critical insights into the necessary changes that can rectify this prevalent anomaly in Islamic banking practices.
Ideal for finance professionals, students, and anyone interested in the dynamics of Islamic finance, this book is a vital resource for understanding the challenges and potential solutions within this growing sector.