Shari’ah-Compliant Finance: A Possible Novel Paradigm for Green Economy Investments in Italy
Shari’ah-Compliant Finance: A Possible Novel Paradigm for Green Economy Investments in Italy
复制标题
符合伊斯兰教法的金融：意大利绿色经济投资的可能新范式
DOI：
10.3390/su10113915
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发表时间：
2018
期刊：
影响因子：
3.9
通讯作者：
Donato Morea
中科院分区：
文献类型：
--
作者：
D. Campisi;Simone Gitto;Donato Morea
在意大利，政府激励措施的大幅减少导致可再生能源部门的投资减少。因此，有必要重新思考融资技术，将分析扩展到不同的文化和金融模式。在本文中，我们研究了意大利风能领域的激励-依赖关系，以达到电网均价，并将所得结果与伊斯兰金融和传统金融的结果进行了比较。特别是，我们建议Sukuk伊斯兰金融工具用于在遵守伊斯兰教法的金融中变现实物资产，该金融禁止利率，就像在传统金融市场一样，我们还提出了实现电网平价所必需的建筑成本门槛。我们的成果突出了激励措施的重要性和使用Sukuk文书促进风能部门可持续投资的适用性，这在当前应对气候变化的努力以及减少温室气体排放的框架内至关重要。
In Italy, the dramatic reduction of government incentives has caused a decrease of investments in the renewable energy sector. For this reason, it is necessary to rethink funding techniques, extending the analysis to different cultural and financial models. In this paper, we study the incentive-dependency of an Italian case study in the wind energy sector in order to reach grid parity, comparing the obtained results with those of Islamic finance and conventional finance. In particular, we propose that Sukuk Islamic finance instruments be used for the realization of real assets in Shari’ah-compliant finance that prohibits interest rates, as in conventional financial markets, and we present the building cost thresholds necessary to achieve grid parity. Our results highlight the importance of incentives and the applicability of the use of Sukuk instruments for sustainable investments in the wind energy sector, which is crucial in the framework of current efforts against climate change as well as efforts to reduce greenhouse gas emissions.