Risk Sharing

Risk sharing is a "contractual or societal arrangement whereby the outcome of a random event is borne collectively by a group of individuals or entities participating in an exchange contract, or by individuals or entities in a community" (Askari et al. 2011). For further details on risk sharing see: SOCIAL CAPITAL AND RISK SHARING: An Islamic Finance Paradigm.


Resolution No. 67: Purchasing aviation fuel and selling it to Company S
Transferring The Balance Of Certain Current Accounts To Savings Accounts

Islamic Financial System ©

 

 


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