2019
DOI: 10.31703/ger.2019(iv-ii).11
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Shari'ah Legitimacy of the Existing Islamic Banks: As Artificial Person having Limited Liability

Abstract: This paper studies the legitimacy of existing Islamic banking as an artificial person with the element of limited liability. This paper aims to analyze those arguments which are presented in favor of Islamic banking in the aforesaid ground. It examines these arguments to see whether the role of Islamic banks as an artificial person with the element of limited liability is consistent with the laid down principles of Shariah or not. This paper denies those argument sand declares the present Islamic banking UN-Is… Show more

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