Resource Mobilization Under the Islamic Profit-Loss-Sharing Scheme: A Note

3 Pages Posted: 21 Feb 2018

See all articles by Abdel-Hameed M. Bashair

Abdel-Hameed M. Bashair

Grambling State University - Department of Economics

Ali F. Darrat

Louisiana Tech University - College of Business

Date Written: 1996

Abstract

Resource mobilization under the Islamic profit-loss-sharing (PLS) principle has recently been a central theme for extensive discussion in academic and policy circles alike. Although the PLS scheme is widely practiced in many contemporary Muslim countries that are striving to Islamize their economic systems, its application has also seen some light in a number of non-Muslim (Western) economies.

Keywords: Resource, Mobilization, Islamic Profit, Loss

Suggested Citation

Bashair, Abdel-Hameed M. and Darrat, Ali F., Resource Mobilization Under the Islamic Profit-Loss-Sharing Scheme: A Note (1996). Journal of King Abdulaziz University: Islamic Economics, Vol. 8, 1996, Available at SSRN: https://ssrn.com/abstract=3126044

Abdel-Hameed M. Bashair (Contact Author)

Grambling State University - Department of Economics ( email )

LA
United States

Ali F. Darrat

Louisiana Tech University - College of Business ( email )

Department of Economics & Finance
P.O. Box 10318
Ruston, LA 71272
United States
318-257-3874 (Phone)
318-257-4253 (Fax)

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
5
Abstract Views
137
PlumX Metrics