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Incentive-compatible sukukmusharkah for private sector funding: Comment

Hasan, Zubair (2012): Incentive-compatible sukukmusharkah for private sector funding: Comment.

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Abstract

This paper is a comment on an article of Abdou Diaw; Obiyathullah Ismath Bacha and Ahsene Lahsusna that appeared in ISRA: International Journal of Islamic Finance,Volume 4, Issue 1, June 2012 under the title 'Incentive-compatible sukukmusharkah for private sector funding' The comment is limited to correcting misinterpretations of some positions taken in Hasan 2002 on profit sharing ratios in mudarabah contracts.

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