Islamic business and business as usual: A study of firms in Egypt

@article{Pfeifer2001IslamicBA,
  title={Islamic business and business as usual: A study of firms in Egypt},
  author={Karen Pfeifer},
  journal={Development in Practice},
  year={2001},
  volume={11},
  pages={20 - 33}
}
Fifteen Egyptian firms producing goods and services were classified into two sets by method of finance, i.e. profit sharing for the seven Islamic versus debt-at-interest for the eight non-Islamic firms. Interviewed in 1993 and 1994, the two groups were found to be similar in customer relations and market behaviour and in paternalism towards employees. However, the non-Islamic firms had a significantly higher average profit rate, while the Islamic firms paid a significantly higher average wage… Expand
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