Islamic finance

Posted on Updated on

As an industry, Islamic finance and more specifically Islamic banking, has been criticized for neglecting the profit and loss sharing (P.L.S.) model originally intended as its main mode of operation by the theorists of Islamic economics and focusing more on sale-based and lease-based models. Do you think that such a criticism is justified?

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s