Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7411201 | Utilities Policy | 2018 | 7 Pages |
Abstract
Large-scale and long-term infrastructure projects can struggle to find sufficient financing. Globally, there are expanding efforts to mobilize international financial resources. This paper argues that Sharia-compliant financing represents a potential opportunity as a financial resource for public utility projects. Sharia compliance requires consistency of all transactions with Islamic financial principles. This paper describes Sharia-compliant financing principles and criteria, reviews various financing instruments, and summarizes their use in a variety of utility infrastructure projects across the globe.
Keywords
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Physical Sciences and Engineering
Energy
Energy (General)
Authors
Paolo Pietro Biancone, Maha Radwan,