Assessing the Impact of the Competency Level on the Success of Companies’ Integration

Rudenko, Marina N.; Rebecca, Hochradel

doi:10.17059/2017-1-10

Cited by 2 publications

(2 citation statements)

References 10 publications

(12 reference statements)

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“…This principle is based on the Muslim religion, which prohibits the use of interest for profit. Islamic laws explain that enrichment by charging interest does not contribute to the creation of a product and does not increase the level of well-being of citizens (Makushkin, 2019;Rudenko and Hochradel, 2017). The second principle of Islamic finance is the sharing of risk between a bank and a borrower.…”

Section: Modern Technologies In the Field Of Islamic Bankingmentioning

confidence: 99%

Ijara as an Innovative Product in Agricultural Financing

Kantoroeva

Toktomamatova

2021

Int. J. Agr. Ext.

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The relevance of the study is due to the necessity to solve the problems of agricultural lending in the Kyrgyz Republic. The problems of financing and lending to agriculture are still urgent in the Kyrgyz Republic, therefore, specific financial instruments of Islamic banking, which are highly appreciated in the practise of other countries, are well suited for project financing, work in conditions of high uncertainty characteristic of agriculture in the Kyrgyz Republic. The purpose of the study was to identify alternative loan products for agricultural economic entities based on Islamic principles of financing in the Kyrgyz Republic. Research objectives: to provide brief information on the current state in the field of agricultural lending; give brief information on the development of Islamic principles of lending in the Kyrgyz Republic; define the concept and classification of Islamic banking instruments in agriculture; define the financial instrument “Ijara” and identify its advantages. Research methods: methods of the empirical level (studying of literature and other sources of information, observation, comparison), methods of the theoretical level (study and generalisation, analysis and synthesis). In the process of writing this article, Islamic banking instruments have been reviewed and classified. The concept of Ijara contract was considered, new modern technologies in the field of Islamic banking were investigated. The main distinctive principles of Islamic banking from the Western model of financial leasing were analysed. The credit history of agriculture and forestry of the Kyrgyz Republic was analysed.

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Section: Modern Technologies In the Field Of Islamic Bankingmentioning

confidence: 99%

Ijara as an Innovative Product in Agricultural Financing

Kantoroeva

Toktomamatova

2021

Int. J. Agr. Ext.

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“…As is known, the official and objective vision of the development of "intellectually intensive, creative, innovative markets", including "digital", is only being formed. The key principle of successful policy in this area is not the expectation that everything will go away by itself, but stimulation, helpin order to develop, increase and use the capabilities of the intellect to create digital value added (Rudenko, 2019;Rudenko, & Hochradel, 2017).…”

Section: Entrepreneurship and Sustainability Issuesmentioning

confidence: 99%

The role of national plans in developing the competitiveness of the state economy

Dorogov¹,

Kapitonov²,

Batyrova³

2020

JESI

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Competition at its core allows to acquire additional benefits to an enterprise by improving the quality of their activities. The activity of an enterprise, in turn, is based on the desire of state authorities to provide an environment for a comfortable business. In the context of the growing crisis, it becomes extremely relevant to determine the principles that can serve the development of the business environment and, accordingly, form the prerequisites for the qualitative development of the country as a whole. The novelty of the study is determined by the fact that the state puts business plans of the national type at the basis of the development of the business environment, which affect not only the possibility of developing entrepreneurial activity in gross form, but also personalised data. The authors show that a similar basis can be expressed in the development of intellectual capital. The practical significance of the study is determined by the need to ensure the development of entrepreneurial activity in the face of overcoming a systemic crisis. It is proposed to reduce the participation of the state as an institutional participant in favour of infrastructure support.

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Assessing the Impact of the Competency Level on the Success of Companies’ Integration

Cited by 2 publications

References 10 publications

Ijara as an Innovative Product in Agricultural Financing

Ijara as an Innovative Product in Agricultural Financing

The role of national plans in developing the competitiveness of the state economy

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