Contractual agreement creates new principles in the financial intermediation theory
This paper discusses the differences in the key arguments of the traditional financial intermediation theory and Shariah principles. The main issues have been identified as the fundamental arguments in explaining the existence of financial intermediaries are transaction cost, asymmetric information...
Published in: | Creating Global Competitive Economies: 2020 Vision Planning and Implementation - Proceedings of the 22nd International Business Information Management Association Conference, IBIMA 2013 |
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Main Author: | |
Format: | Conference paper |
Language: | English |
Published: |
International Business Information Management Association, IBIMA
2013
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Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-84905089163&partnerID=40&md5=7c25cdd34e5d19be3482fa5f64845cdf |