Islamic Fund Structure

NAMEINSTRUCTOR S NAMECOURSEDATERESEARCH PROPOSAL FOR ESTABLISHING ISLAMIC FUND TO ISSUE ISLAMIC BONDS FOR fundament PROJECTSTable of contentIntroductionAimObjectiveBackgroundLiterature ReviewMethodologyMethod of AnalysisAnalysis and FindingsLimitationsConclusionReferencesBibliographyIntroductionThe concept of Muslim fund and banking system is developing over a period of couple of decades now . It could be mentioned that Moslem banking is a diametric approach to conventional banking and monetary institutions . This is because the bedrock 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 pecuniary institutions the study reasons were instrumented by demography , historical 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 akin to the aspects of a financial instrument and is an equivalent instrument much(prenominal) as a bond under(a) Islamic linear opinion of banking . But contrary to the usual financial instrument Sukuk is divergent as in that location be no improve incomes as under the laws of Islam interests atomic number 18 seen as a nuisance . agreely as an alternative it has been instrumented to use such non touchable or tangible assets that be 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 affection of the `Islamic beaching and fiscal Institutions : The Progress and Probability published in 2005 , there ar around 521 billion worth of f inancial assets that are circulating in the ! fiscal market as per course of instruction ending March 2005 .

The entire meat of this investment set by principals of Islamic investment plans it could be enumerated that the entire result is regulated by the moral and apparitional 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 foot be enumerated as ground forces , UK , Yemen , UAE , Turkey , Tunisia , Switzerland , Sudan , Sri Lanka South Africa , Senegal , Saudi Arabia , Rus sia , Qatar , Palestine , Pakistan and around cl countries all over the universe . Malaysia is one of the key fake of this form of banking . Dallah Al Baraka (Malaysia ) attribute Sdn Bhd , Malayan Banking Berhad (Maybank , Kuala Lumpur , Islamic banking Takaful Dept , Bank Negara Malaysia , United Malayan Banking potbelly . 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 helping hand 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 demand to get a effective essay, order it on our w ebsite: OrderC! ustomPaper.com

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