Islamic Banking and Investment by ML. Shoayb Joosub
From HodHood
Contents
Top 20 FREQUENT WORDS
customer 20 joosub 20 moulana 20 prepared 19 shoayb 19 asset 12 payment 12 islamic 11 contract 10 delivery 9 mudarib 9 profits 9 price 8 enterprise 7 purchase 7 title 7 future 6 structure 6 date 5 fee 5 salam 5 transfer 5
DOCUMENT KEY POINTS
- unlawful services prepared by moulana shoayb joosub
- unlawful products
- a c the title to the asset is transferred to the customer at the time of purchase but usually the customer provides the same or other assets as collateral to the bank for the period of financing
- a c the bank buys the asset from the vendor a c the customer then buys the asset from the bank at a mark up price p x which is payable on a deferred payment basis
- a c the bank buys the asset from the vendor a c the bank then leases the asset to the customer a c periodic rentals are collected by the bank a c the title of the asset remains with the bank under as operating ijaarah a c title passes to the customer under a lease ending with transfer of ownership either gradually over the period of the contract at the end
- prepared by moulana shoayb joosub
- a c both the bank and the customer contributes towards the capital of the enterprise a c under a diminishing musharakah the customer buys out the bank s share over a period of time
- a c the customer and the bank share in the profits according to the agreed proportions which may be different from the proportions of capital contributed
- a c the balance of the profit of the enterprise is payable to the bank a c if the enterprise makes a loss the bank as the fund provider or rabbul mal has to bear all the losses unless the loss has resulted from negligence on the part of the mudarib
- a c the customer is responsible for the day to day management of the enterprise and is entitled to deduct its management fee mudarib fee from the enterprise s profits
- a c a salam sometimes referred to as salaf is a short term agreement in which a financial institution makes full pre payments for future delivery of a specified quantity of goods on a specified date
- it is similar to a forward contract where delivery is in the future in exchange for spot payment
- in practice it is usually used for construction and trade finance such as pre shipment export finance
- a c istisna is primarily a deffered delivery sale contract similar to salam
- for a defined period the risk and returns associated with the cash flows generated from the assets belong to the sukuk holder
- the characteristics of a sukuk are similar to a conventional bond with the difference being that they are asset backed
Please note, This is an auto generated summary based on sentances position in the document and other factors
DOCUMENT WORD ANALYSIS
Main Category
- AlHuda Material\islamic banking
KeyWords
contract price sale asset financing lease client purchase ijarah payment profit musharakah lessee amount commodity housing agreement contracts ownership project
RELATED DOCUMENTS
- An Introduction to Islamic Finance by Taqi Usmani
- Analysis of Islamic Financial Instruments in Terms of Microf
- Bai ( Buying & Selling ) By Zubair Mughal
- Bai Istisna by Mufti Mujeeb
- Bai Salam by Mufti Mujeeb
- contracts in islamic commercial Finance
- Diminishing Musharaka & Shariah
- Diminishing Musharaka by Mehmood Shafqaat
- Diminishing Musharakah by Yahya Asim
- Diminshing Musharakah by Muhammad Shaheed Khan
- FAQs on Islamic Banking by State Bank of Pakistan
- Glossary of Islamic Banking and Finance
- Ijara by Zubair Usmani
- Ijara by Mehmood Shafqat 25-10-07
- Ijarah ( Lease ) by Dr.Abdul Sattar Abu Ghuddah
- Ijarah by Dr. Abdul Sattar
- Ijarah by Umer Mustafa
- Intriduction to Islamic Banking and finance By Muhammad Ayub
- Islam, Murabaha and Fixed Deposits
- Islamic-Finance
- [[]]
- Islamic Banking and Investment by ML. Shoayb Joosub
- Islamic Banking modes for House Building Finance by Mahm
- Islamic BankingTuranBank2
- Islamic Finance by Mahmood Al- sheahabi
- Islamic Financial Accounting Standards to Ijarah by Ahmed Al
- Islamic Financial Services
- Islamic modes of Business and Finance
- Islamic Modes of Finance by Muhammad Khaleequzzaman
- Istisna as Mode of Finance
- Istisna by Muhammad Khaleequzzaman
- Istisna by Mujeeb Baig
- Mudarabah by Muhammad Zubair Usmani
- Murabaha - Process, Documentation & Practical Issues by (1)
- Murabaha by Muftti Najeeb Khan
- Murabaha Finance by Muhammad Tayyab Raza
- Murabaha to Purchase Order by Muhammad Mohsin Ahmed
- Musharaka by Muhammad Zubair Usmani
- Musharakah and Mudarabah as Modes of Finance by Taqi Usmani
- Musharakah Housing Finance through Diminishing Musharkah
- Pratical Ijarah
- Sharia compliance Issues in Islamic Banking by Mufti Najeeb
- Shariah Contracts in Islamic Banking and Finance by Hassan O
- Shariah Legitemacy of Islamic Banking by Dr. M Tahir Mansoor
DOCUMENT REFERENCES
Number of Pages
26
Published Date
2016-09-17 00:26:29
