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Exchange Traded Notes
Exchange traded notes are problematic for a number of reasons foremost of which are 1) they are debt securities, and 2) they do not take actual...
Exchange traded notes are problematic for a number of reasons foremost of which are 1) they are debt securities, and 2) they do not take actual...
Permissibility Of Conventional Car Lease
Islamic leasing (Ijarah) and conventional leasing, while similar in many respects, differ enough that it would be misleading to simply say, as...
Islamic leasing (Ijarah) and conventional leasing, while similar in many respects, differ enough that it would be misleading to simply say, as...
Islamic Finance Career Opportunities In India
Both India’s Prime Minister and Central Bank have made public statements recently indicating their wish to explore Islamic finance as a possible...
Both India’s Prime Minister and Central Bank have made public statements recently indicating their wish to explore Islamic finance as a possible...
Permissibility Of Day Trading
Speculating on the position of a price is not permissible. In Islamic finance, it is a condition when dealing in shares that actual equity come...
Speculating on the position of a price is not permissible. In Islamic finance, it is a condition when dealing in shares that actual equity come...
Mortgaging An Asset
Assets may permissibly be used as security, however, mortgaging involves doing so based on interest so it would not be accurate to say that an...
Assets may permissibly be used as security, however, mortgaging involves doing so based on interest so it would not be accurate to say that an...
Perishables
It is lawful to come to an agreement stipulating return of food stuffs after their expiration date in return for recompense either in cash or in...
It is lawful to come to an agreement stipulating return of food stuffs after their expiration date in return for recompense either in cash or in...
Unclaimed Funds
These amounts may be given away in charity. If the rightful owner returns, he must be informed of what was done. If he still demands the money, the...
These amounts may be given away in charity. If the rightful owner returns, he must be informed of what was done. If he still demands the money, the...
Monthly Giveaways
It is permissible for the bank to offer prizes through a drawing as an incentive to lease.
It is permissible for the bank to offer prizes through a drawing as an incentive to lease.
What is a Shariah audit?
A Shariah audit is a review of a bank’s products and transactions in light of the Shariah, usually conducted internally by the Shariah team...
A Shariah audit is a review of a bank’s products and transactions in light of the Shariah, usually conducted internally by the Shariah team...
Weightages
Weightages are a permissible means by which banks are able to assign relative returns based on various tenures and investment tiers for large...
Weightages are a permissible means by which banks are able to assign relative returns based on various tenures and investment tiers for large...
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