Are profit sharing rates of mudharabah account linked to interest rates? an investigation on Islamic banks in GCC countries
In principle, Islamic banking prohibits interest and advocates profit and loss sharing in its operations. Critics argue that in practice, Islamic banking is not totally interest free; but it focuses more on non-profit and loss sharing mechanisms instead. This study attempts to investigate the issu...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Penerbit Universiti Kebangsaan Malaysia
2015
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| Online Access: | http://journalarticle.ukm.my/9593/ http://journalarticle.ukm.my/9593/ http://journalarticle.ukm.my/9593/1/jeko_49%282%29-7.pdf |