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Financial Intermediation from Shariah Perspective A Maqasidi Approach
مجلة إسرا الدولية للمالية الإسلامية
Financial intermediation is the core of banking business, as its role is to mediate between the owners of surplus funds and those in need of finance, sharing the generated profit with the funds' owners. However, financial intermediation does involve some economic risks in terms of concentration of debt in financial institutions and the possibility of the inability of the financed clients to repay their debts. When this happens, financial crises are inevitable, as occurred in the last financialdoi:10.55188/ijifarabic.v11i1.253 fatcat:rp2v33rqkfhwdld2yo2aqpw7hu