Shariah Compliant Project Finance
...S H A R I ’ AH C O M P L I A N T PR O D U C T S I N PR O J E C T F I N A N C E
Amber Waqar – 07020135
Shoaib Amjad Hussain - 07020213
Yasir J. Naushahi – 07020308
S P R IN G 2 0 0 6 - 0 7
L A H O R E U N I V E R S I T Y O F M A N A G E M ETN S C I E N C E S
- 2 -
TABLE OF CONTENTS
ABSTRACT...................................................................................................................6
SECTION I AN INTRODUCTION TO PROJECT FINANCE
INTRODUCTION.........................................................................................................8
ISSUES AND CHALLENGES .....................................................................................9
PROJECT FINANCE.................................................................................................10
CONVENTIONAL PROJECT FINANCE...................................................................................................... 11
Alternative forms to project financing.............................................................................................. 14
Project financing using Islamic Financing....................................................................................... 14
SECTION II - MODES OF ISLAMIC FINANCING FOR PROJECT FINANCE
MODES OF ISLAMIC FINANCING FOR PROJECT FINANCE..........................18
IJARAH............................................................................................................................................... 18
Ijarah-wa-iqtina'a.......................................................................................................................... 21
Ijarah mawsufah bit thimma............................................................................................................ 22
MURABAHA...
View Full Essay
