SUPPORTING SME'S THROUGH ISLAMIC FINANCE INSPIRED OPERATIONS

Bradut-Vasile Bolos and Hesham Magd
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Bradut-Vasile Bolos: Universitatea "Petru Maior" din Tirgu-Mures, Str. Nicolae Iorga nr.1, Tirgu-Mures, Mures, 540088, Romania
Hesham Magd: University of Buraimi, Sultanate of Oman

STUDIA UNIVERSITATIS PETRU MAIOR SERIES OECONOMICA, 2013, vol. 1/2013, 1-12

Abstract: In this paper we attempt to model a moudaraba inspired financing system for SME support, especially for start-ups, using public funding as high-risk investments instead of grants. The model obtained suggests such an approach may prove to be more efficient, but further research is required.

Keywords: Mudaraba; Islamic Finance; SME (search for similar items in EconPapers)
JEL-codes: H81 (search for similar items in EconPapers)
Date: 2013
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