Islamic finance: the experience of the Sudanese Islamic bank in partnership (Musharakah) financing as a tool for rural development among small farmers in Sudan (Ph.D. Thesis)

This composition assesses the success of the Sudanese Islamic Bank's rural development program with a specific focus on small farmers. The paradoxical state of Sudanese rural areas - an underdeveloped economy despite plentiful resources - demonstrates the complexity of difficulties encountered in this country. The author hopes to present the Sudanese bank's success with musharaka as an example for others to follow. In addition to using musharakah as a financing instrument, the bank sponsors ventures in prolific economic areas. The difficulties encountered in the implementation of the bank's rural program are attributed to the fact that the improvement of settlers', especially farmers', conditions is usually not the primary focus when creating such developmental programs. The Sudanese Islamic Bank tries to avoid the temporary, esteemed projects that are too often chosen over those that seek to better the economic status of the region. The Sudanese program attempts to be acceptabl