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Book 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 venturecapital. 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.

Book details

• Full title: Partnership Financing for Small Enterprise
• Subtitle: Some lessons from Islamic credit systems
• Author: Malcolm Harper
• Language: English
• Binding: Paperback
• Number of pages: 72
• EAN: 9781853393938
• ISBN: 1853393932
• ID: 05111982
• Publisher: Practical Action Publishing
• Weight: 295 g
• Dimensions: 297 × 210 × 6 mm
• Date of publishing: 01. January 1997

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