Islamic Fund Structure

NAMEINSTRUCTOR S NAMECOURSEDATERESEARCH PROPOSAL FOR ESTABLISHING ISLAMIC FUND TO ISSUE ISLAMIC BONDS FOR substructure PROJECTSTable of contentIntroductionAimObjectiveBackgroundLiterature ReviewMethodologyMethod of AnalysisAnalysis and FindingsLimitationsConclusionReferencesBibliographyIntroductionThe concept of Muslim fund and banking system is developing everywhere a period of couple of decades now . It could be mentioned that Muslim banking is a diametric approach to conventional banking and monetary institutions . This is because the fundamental principle of the Islamic fund banking and monetary specifications that based on the apparitional norms and regulations . It could also be mentioned that behind the formulation of Islamic banking and fiscal institutions the study reasons were instrumented by demography , hist orical and political influencesThe major(ip) 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 alike to the aspects of a financial instrument and is an equivalent instrument much(prenominal) as a bond beneath Islamic linear position of banking . But contrary to the usual financial instrument Sukuk is disparate as in that location be no inflexible incomes as under the laws of Islam interests atomic number 18 seen as a offensive . jibely as an alternative it has been instrumented to use such non tangible or tangible assets that atomic number 18 could be classified according to the sanctioned non tradability or tradability . But once again , under the principals of Islam these formulations could scarce be used in the secondary marketAccording to the mind of the `Islamic beaching and pecuniary Institutions : The Progress and Probability published in 2005 , there argon around 521 billion worth of fin! ancial assets that are circulating in the fiscal market as per course of instruction ending March 2005 .

The entire center of this investment set by principals of Islamic investment plans it could be enumerated that the entire result is regulated by the moral and unearthly obligations of the `Shari ahTherefore it is seen that the Islamic financials instruments traded on GCC financials markets are huge and there are a military issue of countries who regularly uses this form of banking . The countries stub be enumerated as ground forces , UK , Yemen , UAE , Turkey , Tunisia , Switzerland , Sudan , Sri Lanka South Africa , Senegal , Saudi-Arabian Arabia , Russia , Qatar , Palestine , Pakistan and around cl countries all over the globe . Malaysia is one of the key fake of this form of banking . Dallah Al Baraka (Malaysia ) belongings Sdn Bhd , Malayan Banking Berhad (Maybank , Kuala Lumpur , Islamic banking Takaful Dept , Bank Negara Malaysia , United Malayan Banking corporation . Berhad Kuala Lumpur , Labuan Offshore Financial work Authority (LOFSA ) and Lembaga Urusan Dan Tabung Haji (Fund , Kuala Lumpur are the few most valuable financial institutions of the countryThe financial institutions that that spread with the instruments can be enumerated as International Islamic Financial Markets , Mudaraba Companies , Takaful Companies (These are basically indemnity companies Islamic Mortgage Companies , Islamic Windows , Islamic Investment specie and Banks and Islamic BanksUnder these institutions there are different plans such as Mudaraba which are basically Capital...If you exigency to get a effective essay, order it on our website: OrderCustomPaper.com

If you want to get a full essay, visit our page: write my paper