The Theory and Practice of Profit Sharing Investment
Edited by Mohamed Ariff, Munawar Iqbal and Shamsher Mohamad
Chapter 5: History of Islamic Public Finance: Gharar and Risk Aversion
5. History of Islamic public finance: gharar and risk aversion Murat Çizakça 5.1 INTRODUCTION Gharar is usually examined in the literature from the perspective of modern Islamic private finance. In this article, I will focus on public finance and ...
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