Category Archives: الفكر الاقتصادي والسياسات الشرعية
Islamic Banking as a Risk-Sharing Financial System: Institutional Structures, Operational Practices, and Banking-Specific Challenges
Abstract Islamic banking represents a distinct banking paradigm grounded in risk-sharing, asset-backed financing, and ethical constraints derived from Shariah law. Unlike conventional banking, which relies primarily on interest-based debt and financial intermediation detached from real economic activity, Islamic banks operate through contractual arrangements that directly link finance to tangible assets and productive ventures. This article…