Security design, incentives, and Islamic microfinance: Cross country evidence

We provide cross country evidence from microfinance institutions (MFIs) that are Sharia-compliant and their comparisons with non-Sharia-compliant MFIs. We find that, compared with non-Sharia-compliant conventional MFIs, Sharia-compliant Islamic MFIs have less credit risk but are less profitable and...

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Bibliographic Details
Main Authors: Yaoyao Fan, Kose John, Hong Liu, Luqyan Tamanni
Format: Default Article
Published: 2019
Subjects:
Microfinance institutions
Sharia-compliant product
Islamic
Security design
Religiosity
Cross country
Online Access:https://hdl.handle.net/2134/11799051.v1
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https://hdl.handle.net/2134/11799051.v1

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