Opportunities to use alternative financial instruments in agriculture
Samir Agayev Sakhavat |
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| Ph.D. student of Azerbaijan State Economic University (UNEC) | |
| samir.aghaev@gmail.com |
UOT: 336.77, 338.43
AbstractAlong with traditional financial instruments, alternative financial instruments are also used in agricultural lending. In this regard, the article discusses the possibility of using an Islamic financing mechanism based on partnerships and orders in agriculture, which is an alternative to traditional financing. These instruments are important both for the production of agricultural products and for financing their processing and sale. These tools allow farmers to create an alternative source of financing to interest-bearing loans.
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Saadat. Hajiyeva
Agricultural Economics Research Center, Deputy director
Doctor of Philosophy in Economics
Firdovsi. Fikratzade
Doctoral student at the Institute for Scientific Research on Economic Reforms
Doctor of Philosophy in Economics
Okiemua. Okoror
Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK