Sharia-compliant financing in Indonesia infrastructure projects

Paper

Rarasati, Ayomi Dita, Trigunarsyah, Bambang and Too, Eric. 2013. "Sharia-compliant financing in Indonesia infrastructure projects." Sofyan, Bondan T. (ed.) 13th International Conference on Quality in Research (QiR 2013): Exploring Innovation for Enhancement of Human Life and Environment. Yogyakarta, Indonesia 25 - 28 Jun 2013 Semarang, Indonesia.
Paper/Presentation Title

Sharia-compliant financing in Indonesia infrastructure projects

Presentation TypePaper
AuthorsRarasati, Ayomi Dita (Author), Trigunarsyah, Bambang (Author) and Too, Eric (Author)
EditorsSofyan, Bondan T.
Journal or Proceedings TitleProceedings of the 13th International Conference on Quality in Research (QiR 2013)
Number of Pages5
Year2013
Place of PublicationSemarang, Indonesia
Web Address (URL) of Paperhttp://qir.eng.ui.ac.id
Conference/Event13th International Conference on Quality in Research (QiR 2013): Exploring Innovation for Enhancement of Human Life and Environment
Event Details
13th International Conference on Quality in Research (QiR 2013): Exploring Innovation for Enhancement of Human Life and Environment
Event Date
25 to end of 28 Jun 2013
Event Location
Yogyakarta, Indonesia
Abstract

As the adoption of project financing is gaining momentum, there is a concurrent need of innovation in project financing scheme in order to accelerate infrastructure assets provision in Indonesia. As the largest Muslim population in the world, sharia-compliant financing offers tremendous potential as a source for infrastructure financing for Indonesia. To realize this potential, there is a need of a framework to guide its adoption. Hence this paper discusses the potential implementation of Islamic finance to fund infrastructure projects in Indonesia. Through comparative analysis, this paper illustrates how Islamic principles can be incorporated into Indonesian infrastructure project financing.

KeywordsSharia-compliant financing; infrastructure financing; project financing
ANZSRC Field of Research 2020400508. Infrastructure engineering and asset management
350299. Banking, finance and investment not elsewhere classified
500405. Religion, society and culture
Public Notes

Copyright 2013 by Digital Library Universitas Semarang. Verbatim copying and distribution of this entire article is permitted by author in any medium, provided this notice is preserved.

Byline AffiliationsQueensland University of Technology
School of Management and Marketing
Institution of OriginUniversity of Southern Queensland
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