Interest-free financing: problems and challenges

Survival of the Interest Rate Based Debt Financing System

Evidence has been mounting (over the centuries) that the interest based debt financing regime is under ever increasing distress. All of the earlier crises whatever label they carried− exchange rate crisis or banking crisis – have been debt crises in essence. At the present, empirical research suggests that the debt-to-GDP ratio of the richest members of the G-20 threatens to touch 120% m...

Islamic Project Financing in Pakistan: Current Challenges and Opportunities Ahead

This study is related to an Islamic project financing with a major focus on investigating the role of Islamic finance in financing infrastructural development projects (toll roads, power plants, airports, and plants, as well as natural resource exploitation projects, such as hydroelectric dams, mining projects, oil and gas assets, and paper mills), especially in the context of Pakistan. Infrast...

Singapore’s healthcare financing: Some challenges

Based on the principle of individual responsibility and affordability Singapore has developed a unique healthcare model that has produced outstanding health outcomes per dollar spent. Data analysis shows that healthcare financing in Singapore is nevertheless highly dependent on individual income levels despite the presence of substantial government subsidies. Moreover, the key me...

Mortgage Financing in Nigeria: Issues and Challenges

Health Financing in Estonia: Challenges and Recommendations