Debt, equity, universal banking and Islamic finance: note

Hasan, Zubair (2018): Debt, equity, universal banking and Islamic finance: note.

Abstract

This brief note looks at the suggested use of universal banking as a tool to mitigating risk in financing operations’ arising at both ends of the market – demand and supply. It concludes that the issue of adopting universal banking in the Islamic system is of little significance for risk reduction. It essentially raises the issue of mega banks versus smaller units in the Islamic system where the discretion would opt for the latter.

• Item Type: MPRA Paper
• English Title: Debt, equity, universal banking and Islamic finance: note 2018
• Language: English
• Keywords: Equity versus debt financing; Universal banking; Islamic finance
• Subjects: G - Financial Economics > G2 - Financial Institutions and Services > G21 - Banks ; Depository Institutions ; Micro Finance Institutions ; Mortgages; G - Financial Economics > G2 - Financial Institutions and Services > G24 - Investment Banking ; Venture Capital ; Brokerage ; Ratings and Ratings Agencies

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Hasan, Zubair, 2018. "Risk-sharing the sole basis of Islamic finance? time for a serious rethink, MPRA Paper 72252, University Library of Munich, Germany

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