June 2002
Beginner
344 pages
11h 7m
English
Content preview from Principles of Project Finance
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These various modes of financing, also provided by other private-sector Islamic
banks and Islamic finance departments of international banks, can be provided as
part of a project finance package, in parallel with banks lending on a conventional
basis.
IDB financing is provided for up to 12 years, at fixed or floating rates of mark-
up, and for a maximum of 20 million “Islamic dinars” (an artificial unit equal to
one Special Drawing Right [SDR] of the IMF, i.e., approximately $25 million).
§11.7 PRIVATE-SECTOR INSURANCE
Until recently the private-sector insurance market played little role in the politi-
cal risk field. The coverage offered was limited in amount, scope, and term. This
situation has changed rapidly, not least because of cooperation with the public ...
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