Hearn, Bruce Allen
[Verfasser:in]
;
Piesse, Jenifer
[Sonstige Person, Familie und Körperschaft];
Strange, Roger
[Sonstige Person, Familie und Körperschaft]
Overcoming Financing Constraints in an Emerging Islamic Market
Anmerkungen:
In: Transnational Corporations (UNCTAD), Vol. 18, No. 3, (2009)
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments November 12, 2008 erstellt
Beschreibung:
The sourcing of low-cost finance to facilitate corporate expansion on competitive terms is a major challenge to firms from emerging markets. There are additional constraints in Islamic markets as financial instruments must adhere to shari'ya law. This paper examines the approach taken by the Sudan Telecommunications Company, Sudatel, to obtain cost effective equity financing using secondary listings on multiple MENA (Middle East and North Africa) Stock Exchanges. The potential for risk diversification for investors by holding a combination of Sudatel stock with stocks listed on other MENA markets is also demonstrated