What Are the Implications of Using Lease Financing as a Creative Means of IPP Project Finance in Islamic and Developing Countries?
Article from: OGEL 4 (2006), in Taxation
Abstract
The risks in financing IPP projects in developing countries, many of whom are Islamic countries, and the overall peculiarities in the fiscal regimes in those states have created the need for imaginative financing methods to be employed for large-scale IPP projects. Finance Leasing is one of such creative methods and should hold the answer for IPP financing in developing countries because it is asset-based, conforms to Islamic requirements for financing and can be a limited recourse type financing with increased tax benefits, which profit-wise, is in the best interests of the ...