Continuation
The financial intermediation role of an IIFS involves
mobilising funds from depositors/investors via Shari’ah-compliant contracts.
They provide these funds to:
-
firms
-
or individuals
to finance assets or business activities.
The key distinguishing characteristic of an IIFS is
its underlying contractual relationship with its customers.
These contractual relationships underline the
risk-return profile of the:
-
products
-
and services
offered by an IIFS.
It includes its own risk profile.
From the research paper of
European Central Bank
(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho,
B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)
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