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Experiments with Participatory Financing

In: Participatory Islamic Finance

Author

Listed:
  • Muhammad Nouman

    (University of Agriculture)

  • Karim Ullah

    (Institute of Management Sciences)

Abstract

This chapter presents several case studies from different regions of the world to highlight the experiments by Islamic banIslamic banking in participatory financingParticipatory finance. The first case study presents the experience of IranIran in dealing with participatory financeParticipatory finance and the steps undertaken to increase the viabilityViability and application of participatory financeParticipatory financeapplication of instruments including MusharakahMusharakah and MudarabahMudarabah. The second case study presents the experience of the Sudanese Islamic Bank (SIB)Sudanese Islamic Bank (SIB) that took the initiative of financingFinance the needs of the handicapped rural agricultureAgriculture sector of SudanSudan in innovative ways. This case study unveils innovative participatoryParticipatory products that were effectively applied to financeFinance the needs of poorest and the most deprived sector of the country.

Suggested Citation

  • Muhammad Nouman & Karim Ullah, 2023. "Experiments with Participatory Financing," Springer Books, in: Participatory Islamic Finance, chapter 0, pages 137-155, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-9555-2_8
    DOI: 10.1007/978-981-19-9555-2_8
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