Islamic finance : a promising form of financing in frastructure's projects : a proposal for a solar energy station financed by Islamic sukuk

Joint Authors

Bin Bakhti, Sayf al-Din
Bu Laylah, Hajir
Bu Thaljah, Abd al-Nasir

Source

Revue Stratégie et Développement

Issue

Vol. 9, Issue 16 (31 Jan. 2019), pp.106-127, 22 p.

Publisher

Université Abdelhamid Ibn Badis-Mostaganem Faculté des Sciences Economiques Commerciales et des Sciences de Gestion

Publication Date

2019-01-31

Country of Publication

Algeria

No. of Pages

22

Main Topic

Economy
Religion
Islamic Studies

Topics

Abstract EN

The aim of this study is to highlight the effective role of Islamic Sukuk in financing infrastructure projects especially renewable energy projects, by examining the possibility of financing a “Solar Energy Station” in Algeria.

The reason behind choosing this subject is the importance of renewable energy in the preservation of the environment and the climate on a hand, and in building a green economy from another hand.

Thus, This project will take a place in the Algerian Sahara with a capacity of 4050 MW, and will be divided into four allocations.

So, this paper will present a proposal for a solar farm at the Wilaya of Adrar with the capacity of 1350 MW financed with Islamic Sukuk.

As a result, the Algerian enormous potential for renewable energy and the nature of the Algerian community that believe in Shariah-compliant, this project would be a successful alternative for gas and oil, especially after the recent oil crisis and would certainly reduce the pressure on government budget as well.

American Psychological Association (APA)

Bin Bakhti, Sayf al-Din& Bu Laylah, Hajir& Bu Thaljah, Abd al-Nasir. 2019. Islamic finance : a promising form of financing in frastructure's projects : a proposal for a solar energy station financed by Islamic sukuk. Revue Stratégie et Développement،Vol. 9, no. 16, pp.106-127.
https://search.emarefa.net/detail/BIM-879992

Modern Language Association (MLA)

Bin Bakhti, Sayf al-Din…[et al.]. Islamic finance : a promising form of financing in frastructure's projects : a proposal for a solar energy station financed by Islamic sukuk. Revue Stratégie et Développement Vol. 9, no. 16 (Jan. 2019), pp.106-127.
https://search.emarefa.net/detail/BIM-879992

American Medical Association (AMA)

Bin Bakhti, Sayf al-Din& Bu Laylah, Hajir& Bu Thaljah, Abd al-Nasir. Islamic finance : a promising form of financing in frastructure's projects : a proposal for a solar energy station financed by Islamic sukuk. Revue Stratégie et Développement. 2019. Vol. 9, no. 16, pp.106-127.
https://search.emarefa.net/detail/BIM-879992

Data Type

Journal Articles

Language

English

Notes

Includes bibliographical references : p. 125-127

Record ID

BIM-879992