Project financing: Infrastructure offers opportunities to combine conventional

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:08
Year
1998
Country
United States
Language
English
Abstract

In the coming years, infrastructure projects will provide Islamic finance with a major opportunity to join with conventional banking to meet global needs. The underlying principles of Islamic banking fit nicely with infrastructure project financing, where lenders share in the risks and rewards of a project and their returns are tied to the success of the venture. Another factor currently bringing Islamic banking and project financing together is the relative liquidity of many Islamic banks and their desire for longer-term investments, coupled with the increasing capital requirements for infrastructure projects, particularly in the Middle East and Asia._x000D_

English
ISSN/ISBN
0271-0498
No. of Pages
pp. 9-14
Number
7
Volume
21
Select type of work
Name of the Journal
CIS Program Old
CIS publications
No
CIS Thesis
No