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FinFormed 20 Sep 2026 20 Sep 2026
To
Future Leaders
From
Erfanul Alam Siddiquee
Posted

Why Islamic Banks Lend Like Conventional Banks?

Why do Islamic banks rely on murabahah, not profit sharing? The cause is an information problem, and tax e-invoicing data could fix it.

Read the letter
7 min readISLAMIC FINANCE

Earlier letters

  1. Your insurer knows your blood group. It has never once used that to help you find blood
  2. Some Days I Think About Giving Up on Islamic Finance
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  4. Credit-Linked Islamic Banking: Substance or Label?
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