Work

Running Musharakah Product of Islamic Banks: An Alternative of Running Finance

Year: 2016

Type: article

Abstract: Islamic banking system is growing day by day. The new era of Islamic banking is very successful as new products are being introduced by Islamic banks to cater the demands of customer under Shariah guidelines, there was demand of a product for working capital as an alternative to the conventional product of running finance. Running Musharakah Product has been introduced as substitute to Running Finance Product. In this paper the concept of Running Finance as well as Running Musharakah is described, the practical steps of running Musharakah are also illustrated to examine the viability of the product.

Source: DOAJ (DOAJ: Directory of Open Access Journals)

Authors: Muhammad Mushtaq Ahmed, M. Farooq, Muhammad Arsalan

Language: English

Topic: Islamic Finance and Banking Studies

Subfield: Accounting

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: diamond

OpenAlex ID: W2980201467

FWCI: 1.228

Cites: 2

Cited by: 6

Related to: 10