Cooperative and Islamic Banks: What can they Learn from Each Other?

WP/13/184

Cooperative and Islamic Banks: What can they Learn from Each Other?
Islamic and cooperative banks such as credit unions are broadly similar in that they both share some risk with savers. However, risk sharing goes along with ownership control in cooperatives, whilst Islamic banks share risk with borrowers and downside risk with depositors. Islamic banking is consistent with mutual ownership, which may ease some... READ MORE...

Publication date: August 2013
ISBN 9781484380833
$18.00

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Publication date: August 2013

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Publication date: August 2013

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