Aledjandro Lopez Mejia, Suliman Aljabrin, Rachid Awad, Mr. Mohamed Norat, and Mr. In W Song
and loss sharing (PLS) activities and their asset portfolios become largely composed of short-term, low profit and trade related transactions ( El-Hawary, Grais and Iqbal, 2004 ).
The nature of some risks faced by IBs and CBs is different. 7 Risks that are unique to IBsarise directly from the specific characteristics of Islamic contracts (including the nature of risk-sharing). Risks specific to IBs include: 8
Shariah compliance risk : Inadequate compliance with Shariah law could weaken consumer protection as a result of fraudulent activities and