valuating Competing Financing Options for the Iranian Defense Sector and provide a suitable pattern
Proper provision and management of financial resources of a country's defense sector is of crucial importance for maintaining national security. The present paper is divided to two parts: In the first, the paper reviews different methods of financing for the defense sector (including sukuk, debt purchase, murabaha, capital markets, syndicates and partnerships, endowments, venture capital funds, as well as specific experimental models deployed by selected countries. In order to determine the most appropriate financing methods _among the above-mentioned options_ in the second part this paper turns to paired comparisons options using the Fuzzy Hierarchical Method (FAHP). The results indicate that among the 7 mentioned methods (sukuk, purchase of debt and Murabaha, capital market, syndicate and partnership, endowment, venture capital funds and specific experimental models deployed in selected countries), the capital market-based model ranks first and is therefore considered to be the most appropriate for financing the defense sector.
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