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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Okiemua. Okoror
Department of Economics, University of Benin, Nigeria | Department of Economics, University of Reading, UK
Bagish. Ahmadov
Deputy Director of the Agricultural Economics Research Center
Doctor of Philosophy in Economics
Nneka. Osadolor
Department of Economics, University of Benin, Nigeria Department of Economics, University of Ibadan, Nigeria
Расим. Алиев
Chief economist, Scientific Research Institute of Agriculture
Doctor of Philosophy in Economics
Arshad. Yashar
Head of land identification and geographical data sector of the Land use Control Department of the Ministry of Agriculture of the Republic of Azerbaijan
Anar. Azimov
The Agrarian Services Agency at the Ministry of Agriculture of the Republic of Azerbaijan