ENTERPRISE CAPITAL: A Study in Terms of Islamic Economy

There have been people who are creative and have new ideas throughout history. These ideas led to the development of alternative models outside of the ongoing economic habits and opened the door to innovations.
Today, many innovations, especially in the field of technology, emerge as a result of the maturation of such ideas. Venture/venture capital is an important financial instrument in this respect, which refers to being a partner in these initiatives in order to meet the funding needs of individuals and companies with new ideas. It is an important feature of this partnership that one party takes the risk and aims to earn long-term returns by putting forth the capital of the other party and the creative thinking of the other party. In this respect, venture capital is an alternative model different from classical financing models. The profit-loss-based partnership structure in venture capital is suitable for the objectives that Islamic Economics wants to achieve. For this reason, it is an important investment tool that public and private institutions, universities and companies can apply, especially participation banks. This book in your hand examines the history, current situation, legal structure, economic opportunities, tax and accounting dimensions of venture capital. In this respect, it aims to fill an important gap in this issue, which has been neglected in terms of both theory and practice.