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Incorporated cash waqfs and mudaraba, Islamic non-bank financial instruments from the past to the future

Cizakca, Murat (2004): Incorporated cash waqfs and mudaraba, Islamic non-bank financial instruments from the past to the future.

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Abstract

We will discuss in this paper whether it would be possible to merge two powerful traditional Islamic financial institutions, the cash waqfs and the mudaraba, with the European corporate form to create a potent modern Islamic non-bank institution.

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