Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/236918 
Year of Publication: 
2018
Citation: 
[Journal:] ISRA International Journal of Islamic Finance [ISSN:] 2289-4365 [Volume:] 10 [Issue:] 1 [Publisher:] Emerald [Place:] Bingley [Year:] 2018 [Pages:] 52-61
Publisher: 
Emerald, Bingley
Abstract: 
Purpose: This study aims to explore the potentials of adopting salam-based crowdfunding for financing the agricultural sector in Afghanistan. Design/methodology/approach: It adopts a triangulation approach, consisting of a number of methods used in gathering relevant information about Afghanistan’s agricultural sector, the concept of crowdfunding and salam (forward sale) contract. These methods include library research, reviewing documents provided by Afghanistan’s banks and semi-structured interviews with Islamic finance experts. Findings: This study finds that salam-based crowdfunding is a viable Sharīʿah-compliant investment platform, which may offer some advantages for both potential investors and farmers or entrepreneurs. Originality/value: The novelty of this paper lies in the proposed structure of salam-based crowdfunding.
Subjects: 
Afghanistan
Crowd-funding
Islamic social finance/Islamic finance
Salam
Persistent Identifier of the first edition: 
Creative Commons License: 
cc-by Logo
Document Type: 
Article

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