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Home 36. April 2021 Opportunities to use alternative financial instruments in agriculture

Opportunities to use alternative financial instruments in agriculture

Samir Agayev Sakhavat
samir.aghaev@gmail.com

39451 ­ ­ AZ ­ ­ 36. April 2021 ­ ­­ ­ agricultural lending Islamic financial instruments traditional financial instruments traditional financing Islamic financing mechanism

 

UOT: 336.77, 338.43

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Abstract

Along 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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AUTHORS

 

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Heydar. Agayev

Ph.D. student of the Azerbaijan Cooperation University

   

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Натиг. Гаджиев

Doctor of Science Program of Agricultural Research Center

  Ph.D., docent  

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Murad. Hajiyev

Ph.D. student of the Agricultural Research Center

   

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Isak. Hasanov

Head of Shamkir Support Point

   

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Abrehet. Mehari

Lecturer in Ethiopia Civil Service University, Ethiopia, Addis Ababa; Ph.D. candidate in Azerbaijan State University of Economics

   

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Israfil. Ismayilov

Member of the Russian Academy of Natural Sciences

  Prof. Dr.  

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Sevil. Maharramova

PhD student of the Scientific Research Institute of Agromechanics

   

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Akif. Valiyev

Agricultural Economics Research Center

  Doctor of Economics  

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Parviz. Aliyev

Chief of department, Agricultural Research Center
Ph.D. student of the Agricultural Research Center

   

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Aygun. Shirin

Ph.D. student of the Agricultural Research Center Azerbaijan Technical University

   

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Umkhanim. Agakishiyeva

Teacher of Azerbaijan University of Architecture and Construction

   

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Yusif. Humbatov

Azerbaijan University of Technology

   

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Sadi. Ismayilov

Assistant director of Beylagan RASIC

  Doctor of Philosophy in Economics  

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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Tarlan. Gorchiyeva

PhD student of the Agricultural Economics Research Center