Guarantees and Profit-Sharing Contracts in Project Financing

This paper proposes a model to study the arrangement of Islamic project finance with the participation of the government as a provider of loan guarantees. The owner-shareholders (musharakah certificate holders) initiate a project and raise funds by issuing Islamic profit-loss sharing mudarabah certi...

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Bibliographic Details
Authors: Kabir Hassan, M. (Author) ; Soumaré, Issouf (Author)
Format: Electronic Article
Language:English
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Published: Springer 2015
In: Journal of business ethics
Year: 2015, Volume: 130, Issue: 1, Pages: 231-249
Further subjects:B Islamic Finance
B Project finance
B Profit-sharing contracts and financial guarantees
Online Access: Volltext (JSTOR)
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