Category: Islamic Banking & Applied Finance
FINANCIAL WISDOM BEHIND PROHIBITION OF INTEREST
It must be kept in mind that it is not only Islam that prohibits interest but all revealed divine religions and famous […]
Read moreList of Directors Bank Letter
List of Directors/Partners Bank Letter must be printed on Company LetterHead and Stamped and signed by all Directors/Partners of the Company. This […]
Read moreCompany Bank Account Opening Request Letter
Company Bank Account Opening Request Letter must be printed on Company LetterHead and Stamped and signed by all Directors/Partners of the Company/Partnership. […]
Read moreBank Signing Authority Company Letter
Bank Account Signing Authority Company Letter must be printed on Company LetterHead and Stamped and signed by all Directors of the Company. […]
Read moreIJARAH – Islamic Leasing
IJARAH – Islamic Leasing The meaning of Ijarah – Islamic Leasing is to give something on rent. This is to rent a […]
Read moreTAKAFUL – Islamic Insurance
TAKAFUL – Islamic Insurance Takaful – Islamic Insurance is originated from Arabic word Kafalab. It means “joint guarantee”. This is a cooperative […]
Read moreWhy we do Murabaha Contract
Murabaha Sale! It is a sale when a person expressively mentioned about cost or original price of the goods and adds some […]
Read moreDefine Mudarabah Types, Principle, Risk for Islamic Banks
The Mudarabah contract is a form of partnership between one who contributes efforts in the form of managerial skills (Mudarib) and the […]
Read moreMusharakah Partnership – Basic rule of Musharakah
Musharakah: The English meaning of Musharakah is “Sharing” Partnership. It is a structured joint venture or partnership in which the profit and […]
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