Partnership Financing for Small Enterprise: Some lessons from Islamic credit systems - Softcover

Harper, Malcolm

Softcover

ISBN 10: 1853393932 ISBN 13: 9781853393938

Publisher: Intermediate Technology Publications, 1997

Synopsis

This book describes the experiences of a wide range of enterprises, banks and other agencies with partnership finance. Musharaka, or partnership financing, is a method used by Islamic financial institutions which reject the concept of fixed interest. It is, effectively, a much-simplified form of venture capital. It is generally recognized that small businesses and microenterprises can make effective use of institutional finance, and there is a wide range of methodologies through which such finance can be delivered to the owners of these enterprises, and recovered, in a way that is profitable for the businesses and self-sustaining for the financing institutions.

About this title

About the Author

Malcolm Harper is an emeritus professor of Cranfield University; he is an independent researcher, writer and teacher who works mainly in India. He has published on enterprise development and microfinance. He was Chairman of Basix Finance from 1996 until 2006, and is Chairman of M-CRIL, the microfinance credit rating agency and business development, and author of numerous books and articles. He is the co-editor of What's Wrong with Microfinance? (Practical Action, 2007).

Edition details

• Publisher: Intermediate Technology Publications
• Publication date: 1997
• Language: English
• ISBN 10: 1853393932
• ISBN 13: 9781853393938
• Binding: Paperback
• Number of pages: 70