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Project financing: infrastructure offers opportunities to combine conventional and Islamic finance

Authors :
Angell, Nicholas B.
Khalil, Emad H.
Source :
Middle East Executive Reports. July, 1998, Vol. 21 Issue 7, p9, 5 p.
Publication Year :
1998

Abstract

The integration of Islamic finance with infrastructure development has been deemed crucial in enhancing the Muslim community's ability to compete in international finance markets. By underscoring project finance, Islamic countries would not only regain huge profit margins, but allocate considerable financial support in developing bridges and other infrastructures. However, the potential of Muslim banks is currently undermined by lack of standards and apprehension over investment risks.

Details

ISSN :
02710498
Volume :
21
Issue :
7
Database :
Gale General OneFile
Journal :
Middle East Executive Reports
Publication Type :
News
Accession number :
edsgcl.21277163