11-171/3 - Halal Certification for Financial Products: A Transaction Cost Perspective


  • Authors
    Raphie Hayat, VU University Amsterdam; Frank A.G. den Butter, VU University Amsterdam; Udo Kock, IMF, Washington
  • Publication date
    November 29, 2011
  • Keywords
    Islamic finance, quality certification, certifier behaviour, transaction costs, information asymmetries, credence goods
  • JEL
    L14, L15, D23, D82