Profit and loss sharing in agriculture: An application of Islamic banking Academic Article uri icon

abstract

  • This study reviews profit and loss sharing instruments used in Islamic banking. It is argued that US financial intermediaries can use profit and loss sharing instruments to provide external equity capital needed to finance agricultural production. Such an innovation would help reduce financial risk in agriculture. © 1993 John Wiley & Sons, Inc. Copyright © 1993 Wiley Periodicals, Inc., A Wiley Company

author list (cited authors)

  • Crane, L. M., & Leatham, D. J.

citation count

  • 3

publication date

  • July 1993

publisher