تمويل الإستثمار العقاري بالصيغ الإسلامية

Abstract

ABSTRACT The fundamental objective of this study is to findasolution for the research problem The housing problem? Through Islamic way of funding. Despite the social and economic importance of the problem, housing is countered by a number of obstacles and handicaps: Firstly: The high cost of financing through the available financing channels. Secondly: The government has set tip various bankingpolicies that do not encourage real estate funding. Thirtlly: The nature of real estate investment, especially long terms funding, reduces its competition on the limited available funding resources. The research hypothesized that: (A) The usurious funding for real estate investment has hindered the growth and development ofthis sector. (ll) The Islamic formula of real estate investment leads to a better funding efficiency, and steps up the population growth. (C) Real estate funding is influenced by the governtnent banking policies. /\fter the conduction oftheoretical as well as practical studies on this issue, the research has drawn the following conclusions: * The usurious system, which has started in banks in sixtyth (r.-s), offers sums of money with certain interests in return. This longterm funding has subjected the banks to high inflation rates and gradually reduced capital. Generally, the interests system in banks does not care for the growth and development in the field ofreal estate; the reason that led to hindering of its role. "‘ The lslamic f_0rmula ofreal estate investment plays a great role in social and economical development via reservingthe resources and efficiency of employment. * Further more, the basis and restrictions ofthe central batik funding have become the main handicap against the constructional development process.