Banque du Liban PLS Financing

The objective of the research is to present a risk sharing Sharia-compliant financing scheme that reduces to a greater extent the exposure of Islamic Lebanese banks to displaced commercial risk (DCR) and encourages them to use modes of financing that are based on profit and loss sharing (PLS). In th...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلف الرئيسي: Hamdoun, Diala (author)
التنسيق: masterThesis
منشور في: 2020
الموضوعات:
الوصول للمادة أونلاين:http://hdl.handle.net/10725/13505
https://doi.org/10.26756/th.2022.299
http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php
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author Hamdoun, Diala
author_facet Hamdoun, Diala
author_role author
dc.creator.none.fl_str_mv Hamdoun, Diala
dc.date.none.fl_str_mv 2020
2020-05-14
2022-04-26T06:11:16Z
2022-04-26T06:11:16Z
dc.identifier.none.fl_str_mv http://hdl.handle.net/10725/13505
https://doi.org/10.26756/th.2022.299
http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv Lebanese American University
dc.rights.*.fl_str_mv info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv Banks and banking -- Religious aspects -- Islam -- Lebanon
Interest (Islamic law) -- Lebanon
Profit -- Religious aspects -- Islam -- Lebanon
Financial statements -- Lebanon
Lebanese American University -- Dissertations
Dissertations, Academic
dc.title.none.fl_str_mv Banque du Liban PLS Financing
A Building Block for Islamic Finance in Lebanon
dc.type.none.fl_str_mv Thesis
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/masterThesis
description The objective of the research is to present a risk sharing Sharia-compliant financing scheme that reduces to a greater extent the exposure of Islamic Lebanese banks to displaced commercial risk (DCR) and encourages them to use modes of financing that are based on profit and loss sharing (PLS). In this context, a financial structure that is based on BDL circular 331 is proposed as a viable solution worth considering towards promoting PLS and mitigating DCR as well as competing on a level playing field with conventional banks. A model is developed to measure DCR under both risk sharing and BDL financing schemes and to assess the impact of introducing BDL financing on DCR mitigation. Using numerical simulations, the analysis shows that, for any particular investment, DCR can be reduced substantially by choosing BDL guarantee scheme as the mode of financing, thus paving the way for Lebanese Islamic banks to start providing PLS financing to their customers.
eu_rights_str_mv openAccess
format masterThesis
id LAURepo_72bd61c290a0752f7e07bf0b166cf912
language_invalid_str_mv en
network_acronym_str LAURepo
network_name_str Lebanese American University repository
oai_identifier_str oai:laur.lau.edu.lb:10725/13505
publishDate 2020
publisher.none.fl_str_mv Lebanese American University
repository.mail.fl_str_mv
repository.name.fl_str_mv
repository_id_str
spelling Banque du Liban PLS FinancingA Building Block for Islamic Finance in LebanonHamdoun, DialaBanks and banking -- Religious aspects -- Islam -- LebanonInterest (Islamic law) -- LebanonProfit -- Religious aspects -- Islam -- LebanonFinancial statements -- LebanonLebanese American University -- DissertationsDissertations, AcademicThe objective of the research is to present a risk sharing Sharia-compliant financing scheme that reduces to a greater extent the exposure of Islamic Lebanese banks to displaced commercial risk (DCR) and encourages them to use modes of financing that are based on profit and loss sharing (PLS). In this context, a financial structure that is based on BDL circular 331 is proposed as a viable solution worth considering towards promoting PLS and mitigating DCR as well as competing on a level playing field with conventional banks. A model is developed to measure DCR under both risk sharing and BDL financing schemes and to assess the impact of introducing BDL financing on DCR mitigation. Using numerical simulations, the analysis shows that, for any particular investment, DCR can be reduced substantially by choosing BDL guarantee scheme as the mode of financing, thus paving the way for Lebanese Islamic banks to start providing PLS financing to their customers.1 online resource (xi, 60 leaves) : col. ill.Bibliography: leaf 49-51.Lebanese American University2022-04-26T06:11:16Z2022-04-26T06:11:16Z20202020-05-14Thesisinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesishttp://hdl.handle.net/10725/13505https://doi.org/10.26756/th.2022.299http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.phpeninfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/135052022-07-13T07:00:52Z
spellingShingle Banque du Liban PLS Financing
Hamdoun, Diala
Banks and banking -- Religious aspects -- Islam -- Lebanon
Interest (Islamic law) -- Lebanon
Profit -- Religious aspects -- Islam -- Lebanon
Financial statements -- Lebanon
Lebanese American University -- Dissertations
Dissertations, Academic
status_str publishedVersion
title Banque du Liban PLS Financing
title_full Banque du Liban PLS Financing
title_fullStr Banque du Liban PLS Financing
title_full_unstemmed Banque du Liban PLS Financing
title_short Banque du Liban PLS Financing
title_sort Banque du Liban PLS Financing
topic Banks and banking -- Religious aspects -- Islam -- Lebanon
Interest (Islamic law) -- Lebanon
Profit -- Religious aspects -- Islam -- Lebanon
Financial statements -- Lebanon
Lebanese American University -- Dissertations
Dissertations, Academic
url http://hdl.handle.net/10725/13505
https://doi.org/10.26756/th.2022.299
http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php