Continuation
The author
notes that:
Usually in
practice, the use of a musharakah contracts by business subjects are limited.
Because, by
nature, musharakah contract is a long-term instrument.
While most of
the deposits collected by Islamic banks have a short-term maturity.
Its limited
diffusion is also partly due to the lack of support shown by small businesses.
Usually small
businesses are reluctant to have external interference in their business
management.
Both of these
tools are suitable:
o
for financing joint ventures;
o
and also for project financing.
From the research paper of
European Central Bank
(Authors: F.Mauro, P.Caristi, S.Couderc, A.D.Maria, L.Ho,
B.K.Grewal, S.Masciantonio, S. Ongena and S.Zaher)
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