Malcolm Harper
Partnership Financing for Small Enterprise
Some Lessons from Islamic Credit Systems
Buch
This book describes the experiences of a wide range of enterprises, banks and other agencies with partnership finance. Musharaka, or partnership financing, is a method used by Islamic financial institutions which reject the concept of fixed interest. It is, effectively, a much-simplified form of venturecapital. It is generally recognized that small businesses and microenterprises can make effective use of institutional finance, and there is a wide range of methodologies through which such finance can be delivered to the owners of these enterprises, and recovered, in a way that is profitable for the businesses and self-sustaining for the finan…
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Beschreibung
This book describes the experiences of a wide range of enterprises, banks and other agencies with partnership finance. Musharaka, or partnership financing, is a method used by Islamic financial institutions which reject the concept of fixed interest. It is, effectively, a much-simplified form of venturecapital. It is generally recognized that small businesses and microenterprises can make effective use of institutional finance, and there is a wide range of methodologies through which such finance can be delivered to the owners of these enterprises, and recovered, in a way that is profitable for the businesses and self-sustaining for the financing institutions.
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Produktdetails
- ISBN: 978-1-85339-393-8
- EAN: 9781853393938
- Produktnummer: 10770954
- Verlag: Practical Action Publishing
- Sprache: Englisch
- Erscheinungsjahr: 1997
- Seitenangabe: 72 S.
- Masse: H29.7 cm x B21.0 cm x D0.6 cm 295 g
- Gewicht: 295
- Sonstiges: Undergraduate
Über den Autor
Malcolm Harper is Emeritus Professor of Enterprise Development at Cranfield University in the UK. He is Editor-in-Chief of Small Enterprise Development, the international journal of microfinance and business development, and author of numerous books and articles.
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