Alternative strategies of international financing

المؤلفون المشاركون

Qahf, Mundhir
Khan, Tariq Allah

المصدر

International Economic Relations from Islamic Perspectives

الناشر

البنك الإسلامي للتنمية المعهد الإسلامي للبحوث و التدريب

تاريخ النشر

1992-12-31

دولة النشر

السعودية

عدد الصفحات

22

التخصصات الرئيسية

العلوم المالية و المحاسبية

الملخص الإنجليزي

The paper reviews current forms of external finance classifying them into Debt Creating (DC) and Non-Debt Creating (NDC) flows.

While borrowing is considered to be a major source of DC flows, major components of NDC flows are identified as foreign direct investment and official transfers.

It is argued that new forms of international investments such as production sharing, turkey projects, build operate and transfer, offsets, subcontracting, franchising, revenue sharing etc.

may be of move interest to developing Islamic countries due to their risk and profit sharing nature and non-interest character.

A review of Islamic financing technique shows that financing techniques based on profit / risk sharing will develop better linkges between servicing external finance and forign exchange earning, would be more efficient in comparison to interest-based financing techniques in terms of their effects on domestic production capacity, equitable distribution of risk and reward, and promotion of investment incentives.

The paper also reviews some recent experiences in Islamic financing and conclude that Islamic financing techniques could easily and usefully be applied in international finance.

لغة النص

الإنجليزية

• APA
• MLA
• AMA

نوع البيانات

فصل كتاب

الملاحظات

Includes bibliographical references : p. 227-228

رقم السجل

BIM-778248