This Article argues that the norms and legal practices of global finance in the arenas of sovereign debt and private … misallocation of global capital away from its most productive uses. It suggests that this deficiency rests on two related elements … and historical questions about how the lines between public and private wealth have arisen in global finance and how they …

finance structures and techniques. The definition and history of project finance are summarized, as are some of the essential … institutions, practices, premises, methodology and traditions of modern Shari'ah-compliant finance. The article then turns to …-ijara (lease securitization structures), mudaraba (service-capital partnership) stuctures and sukuk al-mudaraba, musharaka …

Capital controls have been adopted by emerging economies to change the volume and the composition of capital flows and … to the limitation of the available data. This paper adopts a theoretical model to examine whether capital controls could … achieve these goals effectively. Consequently, this paper finds that capital controls on outflows and inflows may not achieve …