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2023 | OriginalPaper | Buchkapitel

Islamic Private Equity: A Hybrid Equity-Debt Structure as an Alternative Investment Structure

verfasst von : Aiman Aizuddin Abdul Rashid, Rusni Hassan

Erschienen in: Digitalisation: Opportunities and Challenges for Business

Verlag: Springer International Publishing

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Abstract

This paper (“Paper”) aims to assess and evaluate the prevailing issue faced by the Islamic Private Equity (“IPE”) market in its market growth and find a certain alternative Shariah structuring solution to address such impediments. Historically, the IPE industry is often faced with “opportunity access” limitations particularly in the selection of underlying assets which comply with the de facto Shariah equity-based contract requirements as adopted such as financial screening ratios, cash management policies and hedging techniques among others. As a result, IPE industry continues to remain in its conundrum which inevitably affects its traction and performance. This Paper shall establish the fact that it more of a structuring issue rather than a Shariah guideline issue which can actually be resolved using alternative structuring solutions. Therefore, an alternative Shariah structure will be proposed to move forward without implicating the adherence to the respective Shariah guidelines as applicable.

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Metadaten
Titel
Islamic Private Equity: A Hybrid Equity-Debt Structure as an Alternative Investment Structure
verfasst von
Aiman Aizuddin Abdul Rashid
Rusni Hassan
Copyright-Jahr
2023
DOI
https://doi.org/10.1007/978-3-031-26956-1_39

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