Financing SMEs: An Islamic Perspective

Financing SMEs: An Islamic Perspective

by Hussein Elasrag

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The main principal of the Islamic financial system can be summarized in the following: prohibition of interest, risk sharing, prohibition of activities with element of uncertainty, prohibition of gambling activities, prohibition of the production and sale of goods and services that are prohibited in Islam, sanctity of contracts, moral dimension and zakah. The aim of this book is to study the developmental role of small and medium enterprises. Moreover, attempts to investigate the challenges and limitations facing the use of Islamic finance to promote Small and Medium Enterprises (SMEs). finally, this book presents opportunities for Islamic banks in resolving the funding gap faced by small and medium enterprises.

 

 

Details:


Price: $4.44
bound: 143 pages
Publisher: Independently published (May 8, 2017)
Language: English
ISBN-10: 1521251312
ISBN-13: 978-1521251317
Weight: 9.6 ounces

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Financing SMEs An Islamic Perspective

 

 

 

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Hussein Elasrag

 

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