The Tawarruq Debate in Islamic Finance

Syed Nazim Ali, Umar A. Oseni, Frank E. Vogel

Research output: Book/ReportBookpeer-review

Abstract

Tawarruq, a mode of providing debt in Islamic finance, distinguishes itself from other modes of Islamic finance by enabling the creation of, in effect, pure credit financing. The instrument has achieved widespread adoption within the Islamic banking sphere but has remained highly controversial. The contributors - luminaries in the field of Islamic finance - advance our understanding of the instrument and frame the ongoing debate.
Original languageEnglish
PublisherEdward Elgar Publishing Ltd.
Publication statusPublished - 2014
Externally publishedYes

Fingerprint

Dive into the research topics of 'The Tawarruq Debate in Islamic Finance'. Together they form a unique fingerprint.

Cite this