Islamic and cooperative banks such as credit unions are broadly
similar in that they both share some risk with savers. However,
risk sharing goes along with ownership control in cooperatives,
whilst Islamic banks share risk with borrowers and downside risk
with depositors. Islamic banking is consistent with mutual
ownership, which may ease some of the governance and efficiency
concerns implied by Shari ah constraints. Greater risk sharing
among cooperative bank stakeholders, using mechanisms embedded in
Islamic financial products, may strengthen cooperatives financial
Is the information for this product incomplete, wrong or inappropriate?
Let us know about it.
Does this product have an incorrect or missing image?
Send us a new image.
Is this product missing categories?
Add more categories.
Review This Product
No reviews yet - be the first to create one!