Partnership Financing for Small Enterprise: Some Lessons from Islamic Credit Systems

By Malcolm Harper

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.

• Format: Paperback
• Language: English
• ISBN: 1853393932
• ISBN13: 9781853393938
• Release Date: December 1997
• Publisher: Intermediate Technology Publications
• Length: 72 Pages
• Weight: 0.61 lbs.
• Dimensions: 0.2" x 8.2" x 11.5"