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The Role of Wa'd in Risk Management: The Malaysian Experience

Advances in Islamic Finance, Marketing, and Management

ISBN: 978-1-78635-899-8, eISBN: 978-1-78635-898-1

Publication date: 19 December 2016

Abstract

Originality/value

This is an in-depth field study which adds new knowledge on wa’d-based products. The experience of Malaysia might be a lesson for other countries to minimize risk in their Islamic banking products.

Keywords