..., it is relevant to avoid inconsistent flows from investments at uneven interval of time, which could lead to vague or uncertainty of returns on investment: Equation 2 © Emerald Group Publishing Limited 2015 Profit distribution Islamic insurance Shariah compliance Risk-sharing Islamisation...

... on the prohibition of the receipt or payment of an agreed upon rate of return. This closes the door to the conventional interest-based lending system. Performance Profit distribution Transparency Prior studies discussed and tested the indirect relationship between the performance and profit allocation...