Islamic Finance

By M. Kabir Hassan and Mervyn K Lewis, 2007

Mobilizing Islamic Finance for Infrastructure PPPs

These reports provide reference on the case studies on Malaysia's islamic finance for asset recycling.

These reports provide reference on case study on Indonesia's islamic finance for asset recycling 

Module 9 of the Annex in Asset Recycling.Financing is a process of providing funds for business activities, making purchases, or investing. Conventional finance achieves this by leveraging the…

Key regulatory issuesFrom a regulatory point of view, the key considerations for financiers of an assets recycling transaction may include certainty of legal system, clarity of tax law and…

Box 12: Case Studies on Islamic Finance for Asset RecyclingMalaysiaIn Malaysia, the birthplace of sukuk in the 1990s, the Securities Commission Malaysia introduced the Sustainable and Responsible…

Assets selection and eligibility criteriaBankabilityIn simple terms, the bankability of an asset refers to the willingness of fund providers to fund against such asset as collateral. Bankability is…

table tr th, table tr td { border:1px solid #ffffff; padding:10px } Introduction to Islamic Finance instruments for assets recyclingOne strikingly common feature between assets recycling and…

table tr th, table tr td { border:1px solid #ffffff; padding:10px } Strategic assets (sovereign ownership)Recyclable sovereign assets (including oil, gas, real estate, shopping malls, apartment…

table tr th, table tr td { border:1px solid #ffffff; padding:10px } Interestingly, "asset-based" and "risk-sharing" are not only key features of Islamic finance, they are also fundamental…

This section presents different modes of financing an asset recycling finance. Private sector participants in an asset recycling transaction will be required to fund the upfront payment to secure the…

This is a joint initiative of the World Bank Group and the Islamic Development Bank.In many Organization of Islamic Cooperation (OIC) member countries, an increasing number of PPP infrastructure…

In Islamic Capital Markets: Products and Strategies, international experts on Islamic Finance and Sharia'a Law focus on the most imminent issues surrounding the evolution of Islamic capital…

Introduction to Islamic Banking and Finance is a guide to the key characteristics of Islamic banking highlighting how these differ from conventional banking.

While this paper does not go into detail on how to structure a PF2 project using Islamic finance, it however argues that Islamic project finance holds a better promise for the financing of future PF2…

Occasional Paper No. 370The Study starts by asking some fundamental qustions as to what role Islamic finance can play in socio-economic development, how similar or different it is from the…

MIGA recently closed its second transaction supporting a project with an Islamic financing structure—the first was for a port project in Djibouti back in 2007. For this new…

The market for Shari'a compliant project finance in the Middle East has grown significantly over the past decade, with a number of landmark transactions being closed in the region. Whilst…

Provides a basic introduction to the principles of Islamic finance. Examines the religious background and legal foundations of Islamic finance. Also discusses the development of Islamic financial…

The private party to most PPP contracts is a specific project company formed for that purpose—often called a Special Purpose Vehicle (SPV). This project company raises finance through a combination…

This is a joint initiative of the World Bank Group and the Islamic Development Bank.

The main website of the Islamic Development Bank (IsDB) 

Constitution/CodeA country's Constitution is a set of fundamental ground rules setting out the powers of the different branches of government (i.e. executive, legislative and judicial ) and how these…