Risk-Sharing in Finance: The Islamic Finance Alternative

Abstract

Risk-sharing in Finance is the latest joint work of Hossein Askari, Zamir Iqbal, Noureddine Krichene, and Abbas Mirakhor in which they present Islamic finance as an alternative to debt-based risk-shifting conventional finance. The authors have common characteristics of holding experience of work at the world organizations, IMF and World Bank, skills in conventional finance and academic interests. Islamic finance is their favorite subject in which they have deep insight. They have authored several scholarly works on its various aspects, individually or jointly with different authors.