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2010-03-14 Arabia

Kuwait's Investment Dar files for legal protection

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Posted by Fred 2010-03-14 00:00|| || Front Page|| [5 views ] Top

#1 "Islamic investment"

Now there's an oxymoron....

Posted by Barbara Skolaut 2010-03-14 00:25|| 2010-03-14 00:25|| Front Page Top

#2 Islamic investment firms work a lot like venture capitalists - taking stakes in return for cash.

The problem is that this isn't a good model for larger companies who need loans and credit, which helps explain why the Islamic world has almost no large publically traded companies who aren't property developers. The Islamic investment model handles property loans reasonably well. A lot like American banks in fact.

Posted by phil_b 2010-03-14 01:37|| 2010-03-14 01:37|| Front Page Top

#3 As I understand it, Sharia financing means investing in something in exchange for a cut of the proceeds. No interest, just a fixed cut on completion/payment.

I have used this method of financing jobs myself, albeit not with Islamists.

Whatever works.

Posted by badanov 2010-03-14 03:04|| 2010-03-14 03:04|| Front Page Top

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