Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance

Venture capital is an effective tool for investment in both early stage and hi-tech businesses. From a purely legalistic perspective, this paper examines the current legal framework of France on venture capital and the opportunities it presents for shari‘a-compliant investments. The study adopts an...

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Main Authors: Oseni, Umar Aimhanosi, Matri, Dorsaf
Format: Conference or Workshop Item
Language:English
English
Published: 2014
Subjects:
Online Access:http://irep.iium.edu.my/38296/
http://irep.iium.edu.my/38296/
http://irep.iium.edu.my/38296/1/11th_Harvard_University_Islamic_Finance_Forum.pdf
http://irep.iium.edu.my/38296/4/oseni.pdf
id iium-38296
recordtype eprints
spelling iium-382962018-06-20T01:10:25Z http://irep.iium.edu.my/38296/ Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance Oseni, Umar Aimhanosi Matri, Dorsaf HG Finance K Law (General) KBP Islamic Law Venture capital is an effective tool for investment in both early stage and hi-tech businesses. From a purely legalistic perspective, this paper examines the current legal framework of France on venture capital and the opportunities it presents for shari‘a-compliant investments. The study adopts an analytical approach in dissecting the relevant laws and regulations, including the relevant European Union Directives and Regulations, on venture capital in France and explores salient provisions through content analysis for possibilities of introducing shari‘a-compliant venture capital operations in the country. While focusing only on the legal framework on venture capital in France and the Islamic venture capital models, this study does not intend to dwell in the regulatory framework of other sectors of the French financial system. The findings of this study would provide a clear direction, which includes the opportunities and inevitable risks, for investors who are willing to venture into the French investment arena using the Islamic venture capital instruments. Though few studies have been carried out on potentials of Islamic finance in France generally, there has not been much focus on venture capital sector which might give a new impetus to efforts toward building bridges across financial communities. The paper concludes that, with some glaring connections with Islamic law, the French legal framework on venture capital has the potentials of accommodating shari‘a-compliant venture capital operations. 2014-04 Conference or Workshop Item NonPeerReviewed application/pdf en http://irep.iium.edu.my/38296/1/11th_Harvard_University_Islamic_Finance_Forum.pdf application/pdf en http://irep.iium.edu.my/38296/4/oseni.pdf Oseni, Umar Aimhanosi and Matri, Dorsaf (2014) Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance. In: Eleventh Harvard University Forum on Islamic Finance, 25th - 27th April 2014, Cambridge, UK. (Unpublished) http://ifp.law.harvard.edu/login/view_pdf/?file=11th_Forum_Program_of_Events.pdf&type=Anouncements
repository_type Digital Repository
institution_category Local University
institution International Islamic University Malaysia
building IIUM Repository
collection Online Access
language English
English
topic HG Finance
K Law (General)
KBP Islamic Law
spellingShingle HG Finance
K Law (General)
KBP Islamic Law
Oseni, Umar Aimhanosi
Matri, Dorsaf
Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance
description Venture capital is an effective tool for investment in both early stage and hi-tech businesses. From a purely legalistic perspective, this paper examines the current legal framework of France on venture capital and the opportunities it presents for shari‘a-compliant investments. The study adopts an analytical approach in dissecting the relevant laws and regulations, including the relevant European Union Directives and Regulations, on venture capital in France and explores salient provisions through content analysis for possibilities of introducing shari‘a-compliant venture capital operations in the country. While focusing only on the legal framework on venture capital in France and the Islamic venture capital models, this study does not intend to dwell in the regulatory framework of other sectors of the French financial system. The findings of this study would provide a clear direction, which includes the opportunities and inevitable risks, for investors who are willing to venture into the French investment arena using the Islamic venture capital instruments. Though few studies have been carried out on potentials of Islamic finance in France generally, there has not been much focus on venture capital sector which might give a new impetus to efforts toward building bridges across financial communities. The paper concludes that, with some glaring connections with Islamic law, the French legal framework on venture capital has the potentials of accommodating shari‘a-compliant venture capital operations.
format Conference or Workshop Item
author Oseni, Umar Aimhanosi
Matri, Dorsaf
author_facet Oseni, Umar Aimhanosi
Matri, Dorsaf
author_sort Oseni, Umar Aimhanosi
title Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance
title_short Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance
title_full Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance
title_fullStr Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance
title_full_unstemmed Strategic opportunities for Islamic finance: the French legal framework for venture capital and cooperative finance
title_sort strategic opportunities for islamic finance: the french legal framework for venture capital and cooperative finance
publishDate 2014
url http://irep.iium.edu.my/38296/
http://irep.iium.edu.my/38296/
http://irep.iium.edu.my/38296/1/11th_Harvard_University_Islamic_Finance_Forum.pdf
http://irep.iium.edu.my/38296/4/oseni.pdf
first_indexed 2023-09-18T20:55:00Z
last_indexed 2023-09-18T20:55:00Z
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