The operating structure of islamic financial institution oriented to implementation of debt financing methods

Objective to identify the reasons for the dominance of debt financing models in Islamic financial institutions and to justify the operating structure of direct investment funds as the most appropriate for the implementation of cofinancing models. Methods abstractlogical method. Results on...

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Bibliographic Details
Main Author: Iskander R. Iskhakov
Format: Article
Language:English
Published: Tatar Educational Center "TAGLIMAT" Ltd. 2014-01-01
Series:Aktualʹnye Problemy Èkonomiki i Prava
Subjects:
Online Access:http://apel.ieml.ru/storage/archive_articles/8578.pdf
Description
Summary:Objective to identify the reasons for the dominance of debt financing models in Islamic financial institutions and to justify the operating structure of direct investment funds as the most appropriate for the implementation of cofinancing models. Methods abstractlogical method. Results on the basis of statistical data statements and publications of various researchers in the studied area it was revealed that the practice of modern Islamic financial institutions is inconsistent with their socioeconomic goals as expressed in the predominance of debt financing models. The cause of the problem is the inconsistency of the modern operational structure of Islamic financial institutions to the possibilities of debt financing implementation. It is proposed to solve this problem by developing direct investment funds as a form of Islamic financial institutions. Scientific novelty a new way is proposed to solve the problem of prevalence of debt financing models in Islamic financial institutions. Practical value the possibility to change the trend of the prevalence of debt financing models in Islamic financial institutions.
ISSN:1993-047X
2410-0390