khnifer, mohammed (2010): The Rise and Fall of Gulf Finance House. Published in:
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Abstract
This paper dissects the balance sheet and business model of Gulf Finance, and scrutinizes the existence of a "pre-exit premium" in their activities – on top of the usual exit fees and/or performance fees. The study suggests that this practice (uncommon even for conventional Private Equity businesses – much less for an Islamic Private Equity house) was pioneered by GFH and it is this same practice that brought them down to their knees.
| Item Type: | MPRA Paper |
|---|---|
| Original Title: | The Rise and Fall of Gulf Finance House |
| Language: | English |
| Keywords: | Islamic Banks, Private Equity, Premium, Islamic Finance, Shariah, sharia, sukuk, risk,default |
| Subjects: | G - Financial Economics > G2 - Financial Institutions and Services > G24 - Investment Banking ; Venture Capital ; Brokerage ; Ratings and Ratings Agencies |
| Item ID: | 27403 |
| Depositing User: | Mohammed Khnifer |
| Date Deposited: | 13 Dec 2010 06:09 |
| Last Modified: | 26 Sep 2019 11:46 |
| References: | Khnifer, Mohammed, Maslaha and the Permissibility of Organized Tawarruq (November 19, 2010). Opalesque Islamic Finance Intelligence, No. 8, p. 6-11, April 27, 2010. Available at SSRN: http://ssrn.com/abstract=1712061 |
| URI: | https://mpra.ub.uni-muenchen.de/id/eprint/27403 |
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