Düzeltme: CHALLENGES IN THE IMPLEMENTATION OF MUDHARABAH FINANCING IN THE ISLAMIC BANKING INDUSTRY

Yıl 2024, Cilt: 11 Sayı: 1, 1 - 23, 22.03.2024

Mohamad Handi Khalifah , Hakan Aslan , Azwan Abdullah

Bu makalenin ilk hali 22 Mart 2024 tarihinde yayımlandı. https://dergipark.org.tr/tr/pub/equinox/issue/83736/1341793

Düzeltme Notu

Yazarlara ait 1. ve 2. yazar sıralaması sehven yanlış yazılmıştır. İlgili düzeltme yapıldıktan sonra düzeltilmiş hali tekrar yayımlanmıştır

Öz

In recent decades, the proliferation of Islamic banking has rendered it a significant entity in the global financial arena, captivating numerous entrepreneurs and businesses with its ethically distinctive financing alternatives. Several Islamic financial institutions adhere robustly to the profit-sharing principle, notably via mudharabah, in product financing. This research paper explains why mudharabah contracts are used in Islamic banking products, focusing on financing schemes, literacy, and the lack of equal access to information. Moreover, within the context of Islamic FinTech, this research highlights high business risk as a pronounced impediment to the efficacious implementation of mudharabah. In addition, this study offers a rigorous analysis of the issues and challenges endemic to mudharabah financing, venturing into perspectives from regulators and Islamic bank customers. This paper utilized a literature review methodology, and data extracted from relevant literature is systematically analyzed to evaluate mudharabah products as a viable business financing model. Conclusively, the insights derived from this research are positioned to formulate strategic recommendations, fostering advancements in implementing mudharabah contracts within Islamic product financing.

Anahtar Kelimeler

Islamic Finance, Mudharabah, Islamic Banking

Kaynakça

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