International Journal of Nonlinear Analysis and Applications

Identifying and evaluating the most compatible financing methods in projects Infrastructure construction in Tehran municipalities

Articles in Press

Document Type : Research Paper

Authors

Department of Civil Engineering, South Tehran Branch, Islamic Azad University, Tehran, Iran

10.22075/ijnaa.2023.31588.4676

Abstract

The main goal of this article is to identify the most appropriate financing methods to minimize delays in the infrastructure projects of Afhidran municipalities, as well as to identify methods to finance the construction projects of executive bodies or government companies. The method used for this research is the group AHP method and paired comparison questionnaires, and the calculations were done by expert choice software. Then we will calculate the consistency for each of the decision matrices. It should be noted that the selected options and indicators in the questionnaire have been adopted based on micro-groups. At first, based on the studied articles, various indicators were selected to determine the best financing option, which was further reduced to 7 indicators based on brainstorming. The research indicators have been described as the availability of financing methods, expected returns, the existence of Islamic and legal restrictions, easy guarantee conditions, restrictions related to the use of financial instrument funds, risks related to financial instruments and the volume of financing. The decision options (Alternatives) also include the Sukuk method, mutual sale contracts, housing investment funds, Islamic Development Bank and partnership bonds. According to the results of the research, the decision options of this research include the sukuk method (with a score of 0.239), mutual sales contracts (with a score of 0.157), housing investment fund (with a score of 0.189), Islamic Development Bank (with a score of 0.202) and in the last contribution was (with a score of 0.213).

Keywords

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International Journal of Nonlinear Analysis and Applications

Articles in Press, Corrected Proof
Available Online from 16 January 2025
  • Receive Date: 24 July 2023
  • Accept Date: 07 September 2023