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Opportunities to use alternative financial instruments in agriculture

Samir Agayev Sakhavat

samir.aghaev@gmail.com

34775 ­ ­ AZ ­ ­ 36. April 2021 ­ ­­ ­ agricultural lending Islamic financial instruments traditional financial instruments traditional financing Islamic financing mechanism

 

UOT: 336.77, 338.43

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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Turan. Ahmadli

Special Constructor Technology Bureau of the National Aerocosmic Agency

   

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Jahani. Nusretzade

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Najiba. Hajiyeva

Baku State University

  Doctor of Philosophy in Economics  

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Saadat. Hajiyeva

Agricultural Economics Research Center, Deputy director

   

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Samir. Maharramov

Doctoral student of the Azerbaijan Tourism and Management University

   

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Zaur. Asadov

Azerbaijan State Oil and Industrial University

  Doctor of Philosophy in Economics  

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Nurangiz. Mikayilova

Doctoral student of the Agricultural Research Center

  Ph.D., docent  

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Akif. Aghbabali

Baku State University

   

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Aytan. Shukurova

Azerbaijan Cooperation University, senior teacher, dissertator

   

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Parviz. Aliyev

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

   

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Emilya. Shukurova

диссертант Бакинского государственного университета

   

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Khayala. Guliyeva

Ph.D. student of the Agricultural Research Center

   

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Farman. Guliyev

Scientific Research Institute of Fruit-growing and Tea-growing

   

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Nizami. Gafarov

Doctor of Science Program of Agro Researches Center

  Ph.D., docent  

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Natig. Javadov

Azerbaijan State Agrarian University

  prof, dr  

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Rasul. Balayev

Azerbaijan State University of Economics, professor

  prof, dr