Chatti, Mohamed Ali and Yousfi, Ouidad (2010): Islamic Private Equity.
Download (626Kb) | Preview
The Islamic private equity (IPE) market has grown dramatically over the last few years. There are some similarities between venture capital (VC) and some traditional methods in Islamic financing. In medieval Islamic societies it is hard to pinpoint the starting of IPE but there were partnership arrangements similar to those practiced in conventional private equity (PE). But both academicians and professionals argue that the VC activity started in 1946 when General Doriot, a French born and a Harvard educated businessman, established the American Research and Development Corporation (ARDC). It grew in Silicon Valley in the 1970s. Intel and Microsoft are amongst the most famous projects financed through VC. Without the intervention of venture capitalists none of these would have seen light of day or at least achieved such a spectacular rate of development in such a short period (Queyrel, 2006).
|Item Type:||MPRA Paper|
|Original Title:||Islamic Private Equity|
|English Title:||Islamic Private Equity|
|Keywords:||Islamic Finance, Islamic banks, Shari'ah compliance|
|Subjects:||G - Financial Economics > G2 - Financial Institutions and Services > G23 - Non-bank Financial Institutions; Financial Instruments; Institutional Investors
G - Financial Economics > G2 - Financial Institutions and Services > G24 - Investment Banking; Venture Capital; Brokerage; Ratings and Ratings Agencies
|Depositing User:||Ouidad YOUSFI|
|Date Deposited:||12. Feb 2011 13:53|
|Last Modified:||14. Feb 2013 04:59|
Abdi S., The Islamic Funds and Investments report: Surviving and adapting in a downturn, Ernst & Young 2009.
Tariq Al-Rifai & Aamir Khan, The Role of Venture Capital in Contemporary Islamic Finance, The International Investor/ABN AMRO, 2000.
Ba, I., SMEs and Islamic financial institutions, Synthesis of Berangere, DELATTE, ADA Dialogue Journal N°2, 1996.
Battini, P., Financing your business from creation to transmission by the Private equity, Maxima Editor, 2006.
Chekir, M., Introduction to Islamic financing techniques, Islamic Research and Training Institute, Islamic Development Bank, Act of seminar No.37, p.56-71, 1992.
Demaria, C., Introduction to Private Equity, Wiley Finance, 2006.
Fenn G.W., N. Liang and S. Prowse, The economics of the private equity markets, Federal Reserve edition, Washington DC. 20551, p 168-237, 1995.
Mughal, No Pain, No Gain: The State of the Industry in Light of an American Islamic Private Equity Transaction, Chicago Journal of International Law Vol. 7 No. 2, p 469 – 494, 2007.
Lachmann, J., The Seed Capital, a new form of venture capital, Economica, 1992.
Wouters, P., Islamic Private Equity Opportunities in the Middle East, presentation at the Islamic Venture Capital & Private Equity Conference 2009.
Wouters, P., Islamic Private Equity Funds, Islamic Finance News, 2008.
Yunis, (2006), Growth of Private Equity Funds using Islamic Finance, Islamic Finance News, 2006.
Zia Ahmed, Brief Introduction Islamic Fund Structures, www.ziaahmed.org, 2009.
Zia Ahmed, Islamic Venture Finance Structure, www.ziaahmed.org, 2009.