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Murabaha Syndrome

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The Palgrave Encyclopedia of Islamic Finance and Economics

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Abstract

One of the objectives of Islamic finance during its formative years was to distribute financing techniques grounded on labor-capital partnership, which have a positive impact on the economic values of society. Hence, theoretical investigations frequently underscore the favorable effects of partnership structures like mudaraba/musharakah. Nevertheless, financing models based on labor-capital partnership are not the preferred choice in the sector. Islamic financial institutions primarily favor financial instruments like Murabaha and Ijara due to their low risk and ease of use. However, this practice has been criticized for making Islamic finance similar to conventional banking.

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References

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Authors and Affiliations

  1. Istanbul Institute for Advanced Studies, Istanbul University, Istanbul, Turkey

    Murat Ustaoğlu

Authors
  1. Murat Ustaoğlu
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Correspondence to Murat Ustaoğlu .

Editor information

Editors and Affiliations

  1. Istanbul Institute for Advanced Studies, Istanbul University, Fatih, Istanbul, Türkiye

    Murat Ustaoğlu

  2. Anadolu University, Odunpazarı, Türkiye

    Cenap Çakmak

Section Editor information

  1. Faculty of Economics, Istanbul University, Istanbul, Turkey

    Muhammet Sait Bozik

  2. Istanbul Institute for Advanced Studies, Istanbul, Türkiye

    Muhammet Sait Bozik

  3. Faculty of Economics, Istanbul University, Istanbul, Turkey

    Büşra Çil

  4. Istanbul Institute for Advanced Studies, Istanbul, Turkey

    Büşra Çil

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© 2024 The Author(s), under exclusive licence to Springer Nature Switzerland AG

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Ustaoğlu, M. (2024). Murabaha Syndrome. In: Ustaoğlu, M., Çakmak, C. (eds) The Palgrave Encyclopedia of Islamic Finance and Economics. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-93703-4_340-1

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  • DOI: https://doi.org/10.1007/978-3-030-93703-4_340-1

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-93703-4

  • Online ISBN: 978-3-030-93703-4

  • eBook Packages: Springer Reference Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences

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