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This monograph highlights the benefits of public-private
partnerships (PPP) for Sub-Saharan Africa. By studying the
intertwinement of mainstream and Islamic finance, the author shows
how PPPs have emerged as a viable and efficient organizational
vehicle for fair rules of economic cooperation where the trade-offs
between profit maximization and social justice values required by
Islamic finance occur within the organization. The book shows the
assumptions under which such compromise is beneficial to all
parties, including public entities, multicultural societies and
private Islamic and conventional investors. It places particular
emphasis on changing the principle of allocating public resources
in the uncertain legal and economic environment of the region
discussed. Given the cultural idiosyncrasies, political
instability, and socio-economic turmoil but high development
potential in Sub-Saharan Africa, PPPs with a heterodox approach may
prove to be a game-changer in the region and a platform to find a
compromise between the interests of various types of investors.
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