Filling the gap between theory and practice in Islamic Banking: suggesting a model for better implementation of PLS contracts

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SHAKERI ABBAS; Marvi Ramezanali; Zolfaghari Amirahmad

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Journal: ECONOMIC STRATEGY Year:2019 | Volume:7 | Issue:27 Page(s): 95-133

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Information Journal Paper

Title

Filling the gap between theory and practice in Islamic Banking: suggesting a model for better implementation of PLS contracts

Author(s)

SHAKERI ABBAS | Marvi Ramezanali | Zolfaghari Amirahmad | Issue Writer Certificate

Keywords

PLS contractQ1

SystemicApproachQ2

Systemic FacilitatorsQ1

Contract EnvironmentQ1

Game TheoryQ1

Abstract

While PLS contract is one of the main components of Islamic banks in the Islamic Banking literature, it is not welcomed enough by them in practice. This paper through Deduction research method, tries to critically review the current situation of PLS implementation in Iranian banking system and then Suggests a conceptual and incentive-compatible model based on systemic approach in order to fill the gap between theory and practice. we examine the effectiveness of this model using Game Theory.

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APA: Copy

SHAKERI, ABBAS, Marvi, Ramezanali, & Zolfaghari, Amirahmad. (2019). Filling the gap between theory and practice in Islamic Banking: suggesting a model for better implementation of PLS contracts. ECONOMIC STRATEGY, 7(27 ), 95-133. SID. https://sid.ir/paper/233866/en

Vancouver: Copy

SHAKERI ABBAS, Marvi Ramezanali, Zolfaghari Amirahmad. Filling the gap between theory and practice in Islamic Banking: suggesting a model for better implementation of PLS contracts. ECONOMIC STRATEGY[Internet]. 2019;7(27 ):95-133. Available from: https://sid.ir/paper/233866/en

IEEE: Copy

ABBAS SHAKERI, Ramezanali Marvi, and Amirahmad Zolfaghari, “Filling the gap between theory and practice in Islamic Banking: suggesting a model for better implementation of PLS contracts,” ECONOMIC STRATEGY, vol. 7, no. 27 , pp. 95–133, 2019, [Online]. Available: https://sid.ir/paper/233866/en

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