Record Details

Using Islamic Finance for Infrastructure projects in non-Muslim Countries

European Journal of Islamic Finance

View Archive Info
 
 
Field Value
 
Title Using Islamic Finance for Infrastructure projects in non-Muslim Countries
 
Creator Biancone, Paolo Pietro
Shakhatreh, Mohammad Ziad
 
Subject Islamic project finance, Shariah principle, Islamic Financial instrument, infrastructure project.
 
Description Using Islamic project finance is the solution to fill the gap between infrastructure demand and available finance. This study aims to investigate if it is appropriate to use Islamic finance to fund the infrastructure project, as one specific sector that is facing major challenges in long-term financing, and it intends to select the most appropriate instrument that is inconsistent with Non-Muslim countries’ law and culture.The methodology and approach that will be used is a qualitative method which is used to study the Islamic financial tools, compare them with other financial instruments, and discuss the potential implementation of Islamic project finance structure to fund the infrastructure project in Italian environment. The study concentrates on exploring the Italian laws that are resembled to Shariah principle in order to make it more acceptable for the Italian culture.The study concludes that using Islamic finance can be used to finance infrastructure projects by using existing laws and regulations. This study is also expected to benefit the Italian government and investors in making their financial decision, and it will be a new experience for Europe countries. 
 
Publisher European Journal of Islamic Finance
European Journal of Islamic Finance
 
Contributor
 
Date 2015-06-19
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier http://www.ojs.unito.it/index.php/EJIF/article/view/944
10.13135/2421-2172/944
http://www.ojs.unito.it/index.php/EJIF/article/download/944/819
 
Source European Journal of Islamic Finance; No 2 (2015): EJIF - European Journal of Islamic Finance, 2, 2015
European Journal of Islamic Finance; No 2 (2015): EJIF - European Journal of Islamic Finance, 2, 2015
2421-2172
 
Language eng
 
Relation http://www.ojs.unito.it/index.php/EJIF/article/view/944/819