Malcolm Ward

Thank you for reading the blog and sharing your views.

I think some of the critics you are referring to would point out lack of risk sharing in the concerned financing arrangements. This is the risk associated with ownership of an asset or outcome of a business enterprise.

We have covered the point of view of the critics of the industry and the defense offered by the industry, along with the issue of global sharia standards, in the literature review mentioned in the article.

Regards

Usman