Open AccessSharia Banking’s Profit Loss Finance in the Context of ASEAN Economic Community
Author(s) -
Mardhiyatur Rosita Ningsih
Publication year - 2016
Publication title -
shirkah
Language(s) - English
Resource type - Journals
eISSN - 2503-4243
pISSN - 2503-4235
DOI - 10.22515/shirkah.v1i1.1
Subject(s) - moral hazard , economic community , business , incentive , finance , profit (economics) , profit sharing , islam , constraint (computer aided design) , economics , market economy , microeconomics , economy , mechanical engineering , philosophy , theology , engineering
The paper aims to analyze the problems of profit and loss sharing financing is conducted through literature and interviews with funding customers, islamic bankers and entrepreneurs. The result show that profit oriented, lack of trust in the abilities of partners, moral hazard, mismanagement and lack of syariah product information. So, give Incentive for funding customers, incentive compatible constraint, involved effort in spiritual and intellectual expected may help small and medium enterprises to face ASEAN Economic Community. Keywords: ASEAN Economic Community, profit and loss sharing financing, small and medium enterprises