Islamic Fund Structure

NAMEINSTRUCTOR S NAMECOURSEDATERESEARCH PROPOSAL FOR ESTABLISHING ISLAMIC FUND TO ISSUE ISLAMIC BONDS FOR foundation PROJECTSTable of contentIntroductionAimObjectiveBackgroundLiterature ReviewMethodologyMethod of AnalysisAnalysis and FindingsLimitationsConclusionReferencesBibliographyIntroductionThe concept of Muslim fund and banking system is developing everyplace a period of couple of decades now . It could be mentioned that Moslem banking is a distinct approach to conventional banking and fiscal institutions . This is because the perfect principle of the Islamic fund banking and fiscal specifications that based on the apparitional norms and regulations . It could also be mentioned that behind the formulation of Islamic banking and financial institutions the major(ip)(ip) reasons were instrumented by demography , histori cal and political influencesThe major financial instrument of the Islamic funds and banking along with financial institutions could be enumerated as Sukuks . The term Sukuk is an Arabic word that is identical to the aspects of a financial instrument and is an equivalent instrument much(prenominal) as a bond to a lower place Islamic perspective of banking . however contrary to the usual financial instrument Sukuk is dissimilar as thither ar no fixed incomes as under the laws of Islam interests atomic number 18 seen as a crime . thusly as an alternative it has been instrumented to use such non real(a) or tangible assets that are could be classified according to the canonic non tradability or tradability . But once again , under the principals of Islam these formulations could only be used in the secondary marketAccording to the estimation of the `Islamic depositing and monetary Institutions : The Progress and Probability published in 2005 , there are nigh 521 billion wo rth of financial assets that are spread in ! the fiscal market as per course of train ending March 2005 .

The entire amount of this investment influence by principals of Islamic investment plans it could be enumerated that the entire part is regulated by the moral and spiritual obligations of the `Shari ahTherefore it is seen that the Islamic financials instruments traded on GCC financials markets are huge and there are a cater of countries who perpetually uses this form of banking . The countries can be enumerated as regular army , UK , Yemen , UAE , Tur report , Tunisia , Switzerland , Sudan , Sri Lanka South Africa , Senegal , Saudi Arabia , Russia , Qatar , Palestine , Pakistan and around cl countries all over the world . Malaysia is one of the key impostor of this form of banking . Dallah Al Baraka (Malaysia ) Holding Sdn Bhd , Malayan Banking Berhad (Maybank , Kuala Lumpur , Islamic banking Takaful Dept , Bank Negara Malaysia , United Malayan Banking Corp . Berhad Kuala Lumpur , Labuan Offshore pecuniary service Authority (LOFSA ) and Lembaga Urusan Dan Tabung Haji (Fund , Kuala Lumpur are the few nearly fundamental financial institutions of the countryThe financial institutions that that deal with the instruments can be enumerated as International Islamic Financial Markets , Mudaraba Companies , Takaful Companies (These are essentially amends companies Islamic Mortgage Companies , Islamic Windows , Islamic coronation pecuniary resource and Banks and Islamic BanksUnder these institutions there are different plans such as Mudaraba which are basically Capital...If you want to hold back a bountiful essay, order it on our website: OrderEssay.net

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