But the risk-sharing inherent to Islamic finance made such instruments more resistant to the first round of financial contagion that hit in 2008. Leading economists, such as Harvard University’s Kenneth Rogoff, have suggested that Islamic finance demonstrates the advantages of more equity and risk-sharing over the conventional bias in favor of debt instruments.
由于实体经济收缩，一些伊斯兰债券发行者违约，全球金融危机也对伊斯兰金融机构造成了些许影响。但伊斯兰金融固有的风险共担机制让金融机构在2008年首波金融危机袭来时更具抵抗力。哈佛大学的肯尼斯·罗格夫（Kenneth Rogoff）等知名经济学家指出，伊斯兰金融表明，股权融资和风险共担要比在传统上更受偏爱的债务工具更有优势。