Failure and potential of profit-loss sharing contracts: A perspective of New Institutional, Economic (NIE) Theory
This paper theoretically evaluates why profit-loss sharing (PLS) contracts in Islamic banking fails and its potential for improvement within the scope of the New Institutional Economic Theory (NIE). The objective of the evaluation is to draw conclusive theoretical arguments of whether Islamic bankin...
| Published in: | Pacific Basin Finance Journal |
|---|---|
| Main Author: | |
| Format: | Article |
| Language: | English |
| Published: |
Elsevier
2014
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| Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84901837019&doi=10.1016%2fj.pacfin.2014.01.004&partnerID=40&md5=3a9047b3cad9c9355355f08303cff55b |