Credit Risk
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Definition of "Credit Risk"
Credit risk involves the risk that a counter-party to a contractual obligation, be it murabahah, mudarabah, ’ijarah, qard hasan, ’ijarah wa ’iqtina’ or shirkah, would default on the promised date of payment.
Credit risk involves the risk that a counter-party to a contractual obligation, be it murabahah, mudarabah, ’ijarah, qard hasan, ’ijarah wa ’iqtina’ or shirkah, would default on the promised date of payment.