Sharia Compliant “Possibility for Italian SMEs”
Islamic Finance have been a flourishing phenomenon recently with a very high growth rates and countries worldwide are exerting efforts to introduce it as an alternative financial system especially after proving its stability in the last financial crisis. Introducing the Islamic finance in Italy woul...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
Università degli Studi di Torino
2014-01-01
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| Series: | European Journal of Islamic Finance |
| Subjects: | |
| Online Access: | https://www.ojs.unito.it/index.php/EJIF/article/view/908 |
| _version_ | 1818788222878089216 |
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| author | Paolo Pietro Biancone Maha Radwan |
| author_facet | Paolo Pietro Biancone Maha Radwan |
| author_sort | Paolo Pietro Biancone |
| collection | DOAJ |
| description | Islamic Finance have been a flourishing phenomenon recently with a very high growth rates and countries worldwide are exerting efforts to introduce it as an alternative financial system especially after proving its stability in the last financial crisis. Introducing the Islamic finance in Italy would be very important step with high potential opportunities due to the creation of investment opportunities, increase of liquidity, accessing Arab sovereign funds, and promoting integration policies for immigrants. Understanding the current nature of the Italian companies in particular the Small and Medium Enterprises (SMEs) and by testing their eligibility of being Sharia compliant in this paper; which is a fundamental step for exploring the feasibility of adapting them to the Islamic financial system and therefore the possibility for financing them through Islamic financial instruments; had proved its validity with an optimal results whether on the screening process or the performance and profitability measures. |
| first_indexed | 2024-12-18T14:20:15Z |
| format | Article |
| id | doaj.art-152c3d4439c54978aefdf9b37851993c |
| institution | Directory Open Access Journal |
| issn | 2421-2172 2421-2172 |
| language | English |
| last_indexed | 2024-12-18T14:20:15Z |
| publishDate | 2014-01-01 |
| publisher | Università degli Studi di Torino |
| record_format | Article |
| series | European Journal of Islamic Finance |
| spelling | doaj.art-152c3d4439c54978aefdf9b37851993c2022-12-21T21:04:52ZengUniversità degli Studi di TorinoEuropean Journal of Islamic Finance2421-21722421-21722014-01-011119https://doi.org/10.13135/2421-2172/908Sharia Compliant “Possibility for Italian SMEs”Paolo Pietro Biancone0Maha Radwan1https://orcid.org/0000-0001-7623-1110University of TurinUniversity of Turin, Department of ManagementIslamic Finance have been a flourishing phenomenon recently with a very high growth rates and countries worldwide are exerting efforts to introduce it as an alternative financial system especially after proving its stability in the last financial crisis. Introducing the Islamic finance in Italy would be very important step with high potential opportunities due to the creation of investment opportunities, increase of liquidity, accessing Arab sovereign funds, and promoting integration policies for immigrants. Understanding the current nature of the Italian companies in particular the Small and Medium Enterprises (SMEs) and by testing their eligibility of being Sharia compliant in this paper; which is a fundamental step for exploring the feasibility of adapting them to the Islamic financial system and therefore the possibility for financing them through Islamic financial instruments; had proved its validity with an optimal results whether on the screening process or the performance and profitability measures.https://www.ojs.unito.it/index.php/EJIF/article/view/908islamic financesharia compliantsmessharia indicessharia compliant screening |
| spellingShingle | Paolo Pietro Biancone Maha Radwan Sharia Compliant “Possibility for Italian SMEs” European Journal of Islamic Finance islamic finance sharia compliant smes sharia indices sharia compliant screening |
| title | Sharia Compliant “Possibility for Italian SMEs” |
| title_full | Sharia Compliant “Possibility for Italian SMEs” |
| title_fullStr | Sharia Compliant “Possibility for Italian SMEs” |
| title_full_unstemmed | Sharia Compliant “Possibility for Italian SMEs” |
| title_short | Sharia Compliant “Possibility for Italian SMEs” |
| title_sort | sharia compliant possibility for italian smes |
| topic | islamic finance sharia compliant smes sharia indices sharia compliant screening |
| url | https://www.ojs.unito.it/index.php/EJIF/article/view/908 |
| work_keys_str_mv | AT paolopietrobiancone shariacompliantpossibilityforitaliansmes AT maharadwan shariacompliantpossibilityforitaliansmes |