Islamic Financing Contracts
Journal Title: Journal of Computing and Management Studies (JCMS) - Year 2019, Vol 3, Issue 3
Abstract
Islamic finance has been expanding strongly all over the world during the past few years and shows significant product innovation and sophistication. Shariah-compliant products have proven to be attractive and offer many opportunities - even for non-Islamic institutions. The contribution of this research is to investigate Islamic financing contracts. The findings of this research show that up to 50% of the total savings of the Muslim population worldwide are projected to be invested in a Shariah-compliant way within the next five years, making it an extremely fast-growing business worldwide and offering significant potential to traditional Islamic institutions and new entrants.
Authors and Affiliations
Siraj Khan
Keywords
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