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...

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Bibliographic Details
Published in:Creating Global Competitive Economies: 2020 Vision Planning and Implementation - Proceedings of the 22nd International Business Information Management Association Conference, IBIMA 2013
Main Author: Muda R.; Osman I.; Alwi S.F.S.; Ismail A.G.
Format: Conference paper
Language:English
Published: International Business Information Management Association, IBIMA 2013
Online Access:https://www.scopus.com/inward/record.uri?eid=2-s2.0-84905089163&partnerID=40&md5=7c25cdd34e5d19be3482fa5f64845cdf