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Mudaraba-Venture Capital Closed-end Mutual Funds and Mudaraba-Venture Capital Open-end Mutual Funds

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  • Halil Ibrahim Bulut

Abstract

The important part of this study attempts to explain that both venture capital and interest-free financing are based on similar ground, if not the same. Two new models called Mudaraba-Venture Capital Closed-End Mutual Funds and Mudaraba-Venture Capital Open-End Mutual Funds, based on both the similarities and the needs of financial innovation in the interest-free financing system, are detailed. It is believed that the development of these two models could make some improvements not only in the interest-free financing system but also in the venture capital, the entrepreneurial finance and the capital markets.

Suggested Citation

  • Halil Ibrahim Bulut, 2005. "Mudaraba-Venture Capital Closed-end Mutual Funds and Mudaraba-Venture Capital Open-end Mutual Funds," Istanbul Stock Exchange Review, Research and Business Development Department, Borsa Istanbul, vol. 8(30), pages 31-58.
    • Handle: RePEc:bor:iserev:v:8:y:2005:i:30:p:31-58
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