فعالية التمويل الإسلامي مقارنة بالتمويل الربوي تحليل نظري ورياضي

Abstract

The present research uses mathematical analysis instruments for a comparative study between the Islamic financing system and the ribaoui financing system usually called the classical financing scheme.

The former system deals with contracts based on variable returns while the second i-e the ribaoui system is based on fixed return contracts. Usin the principles of partial equilibrium theory for risk adverse investors the study demonstrates that returns are higher with contracts based on profit and loss sharing.