par El Hachloufi, Mostafa;Hamza, Faris 
;Janssen, Jacques
Référence Journal of applied statistical science, 21, 4, page (389-399)
Publication Publié, 2013
;Janssen, Jacques Référence Journal of applied statistical science, 21, 4, page (389-399)
Publication Publié, 2013
Article révisé par les pairs
| Résumé : | The Murabaha is one of the world’s best-selling Islamic banking product, and that because it’s a consumption-oriented product. However, the Murabaha margin added to the price of the concerned product in order to form the product final price is arbitrary or even very high. Moreover, in the market, it practically does not respect any constraint, and that can negatively influence the behaviour of customers and therefore leads to the market failure of the Murabaha. In this paper, we present a new approach for modelling the Murabaha margin using stochastic processes and portfolio management techniques. The objective of this approach is to estimate the value of Murabaha margin that the Islamic bank randomly sets at the conclusion of a Murabaha contract. This will provide to the Islamic bank an important decision making tool to develop the market of Murabaha and face the competition in the banking sector in one side; Moreover, this can be an help for other customers to better choose the suitable type of funding in the banking sector according to their preferences in the other side. |
