The Benchmark Issue in the Islamic Financial System
This paper identifies a major lacuna in the conceptual development of Islamic financial market operations. It argues that in the absence of a well developed benchmark that would facilitate macro- and micro-level decision making with regards to cost of capital and opportunity cost of investments in...
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Main Author: | Zamir Iqbal |
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Format: | article |
Language: | EN |
Published: |
International Institute of Islamic Thought
1999
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Online Access: | https://doaj.org/article/20e5bfe08f6444b8b9ddc2f6c9b3faca |
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