Focusing project financing for growth and realizing the higher objectives of shari’ah
المؤلف
المصدر
Journal of Islamic Business and Management
العدد
المجلد 9، العدد 2 (31 ديسمبر/كانون الأول 2019)، ص ص. 235-247، 13ص.
الناشر
Riphah International University Riphah Centre of Islamic Business
تاريخ النشر
2019-12-31
دولة النشر
باكستان
عدد الصفحات
13
التخصصات الرئيسية
الملخص EN
Islamic system of finance has the capacity to serve the purpose of financial intermediation as a means to create sustainable value in the real economy at national and global levels.
However, the most of Islamic Banks and Financial Institutions (IBFIs) are lacking in application of the Divine principles in letter and spirit.
They have not learned the lesson of avoiding finance products that led to instability, injustice and crises in the global finance.
They might be lagging behind the conventional institutions in adoption of value based finance that emerged in global finance in the wake of GFC, 2008 (World Bank and Islamic Development Bank Group, 2016; p.
6) to focus on Value Based Intermediation (VBI), Environment, Social and Governance (ESG) aspects and the stakeholders approach.
This article focuses on the area of project financing by the IBFIs for different sectors including communication means, energy, residential and commercial buildings, infrastructure and socio-economic projects, and the role that Islamic banks can play in financing the projects leading to development and shared prosperity.
Its finding is that while the conventional institutions are turning to the ethics and values based financial intermediation and business, it’s more a duty of the IBFIs to move to VBI by focusing on project financing.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
Ayyub, Muhammad. 2019. Focusing project financing for growth and realizing the higher objectives of shari’ah. Journal of Islamic Business and Management،Vol. 9, no. 2, pp.235-247.
https://search.emarefa.net/detail/BIM-976362
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
Ayyub, Muhammad. Focusing project financing for growth and realizing the higher objectives of shari’ah. Journal of Islamic Business and Management Vol. 9, no. 2 (2019), pp.235-247.
https://search.emarefa.net/detail/BIM-976362
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
Ayyub, Muhammad. Focusing project financing for growth and realizing the higher objectives of shari’ah. Journal of Islamic Business and Management. 2019. Vol. 9, no. 2, pp.235-247.
https://search.emarefa.net/detail/BIM-976362
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references : p. 246-247
رقم السجل
BIM-976362
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر