What is it about?
The paper provides an example of the application of tawarruq in designing the Islamic banking products.
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Why is it important?
The paper highlights the issues that may arise due to the application of tawarruq
Perspectives
We have been applying this concept in designing the Islamic banking products. It is workable.
Professor Abdul Ghafar Ismail
Universiti Kebangsaan Malaysia
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This page is a summary of: Tawarruq time deposit with wakalah principle: an option that triggers new issues, International Journal of Islamic and Middle Eastern Finance and Management, August 2016, Emerald,
DOI: 10.1108/imefm-05-2014-0048.
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