Profit and Loss Sharing Contract Will it Replace The Conventional Approach?
Profit and Loss Sharing Contract Will it Replace The Conventional Approach?
Author: Reza Gholami, Aisyah Abdul-Rahman, Nor Ghani Md Nor & Fathin Faizah Said
Publisher: UKM Press
ISBN: 9789672516101
Weight:
Pages: 150
Year: 2021
Price: RM30
This book investigates whether the Profit and Loss Sharing Contract (PLSC) co-existing Interest Based Contract (BC) may dominate in the future. By assuming the relative profit (of borrowers and lenders involved in PLSC or IBC) as the engine of the evolution, the focal point of this book is addressing how these contracts evolve by considering the state of the economy (SOE), asymmetric information in PLSC (the borrower misreporting, dishonesty and moral hazard problem) and IBC lender's default risk via the Evolutionary Stable Strategy (ESS) model. Solving the model, discussing the equilibrium points and their stability, and testing the results with empirical evidence show that PLSC improves in co-existing with IBC when economic stress is high. This happens when agents try to share the risks by using PLSC. Furthermore, sharing ratio and interest rate play important role in the PLSC improvement Policymakers need to focus more on the PLSC sharing ratio proportionate to interest rate and the SOE simultaneously to improve the PLSC and increase the share of Islamic contracts in international finance.
1) 'Sign in' di terlebih dahulu. Klik di sini.
2) Pilih buku-buku pilihan dengan klik 'Add to Cart'
3) Klik 'Checkout' untuk meneruskan pembelian.
4) Lengkapkan maklumat & alamat penghantaran.
5) Pilih kaedah penghantaran & bayaran yang sesuai.
6) Klik "Submit My Order".
Sekiranya ada kesulitan untuk membeli secara online di website, mohon hubungi kami dengan cara berikut:
HUBUNGI KAMI
.png?1505614499861)
.png?1505614471291)
Klik butang di atas untuk berkomunikasi dengan kami.
Kami menggunakan perkhidmatan J&T Express untuk penghantaran ke seluruh negara.
Tempoh masa penghantaran adalah 2 - 7 hari bekerja.
1. Pemprosesan & penghantaran pesanan dibuat pada hari Isnin sehingga Sabtu.
2. Sekiranya syarikat kurier cuti, pesanan tetap akan diproses, tetapi hanya akan dihantar apabila syarikat kurier mula beroperasi.
3. Nombor pengesanan (tracking number) akan dihantar terus ke email anda.
4. Kami akan maklumkan lebih awal jika ada perubahan waktu operasi semasa musim perayaan atau lain-lain.
Buku yang Sesuai Dibeli Bersama
