Islamic Banking and the Housing Industry Abdel Karim Halabi,
From HodHood
Contents
Top 20 FREQUENT WORDS
islamic 44 banks 20 banking 17 finance 17 based 11 funds 11 rate 11 housing 9 institutions 9 profit 9 deposits 8 investment 8 western 8 countries 7 depositors 7 riba 7 conventional 6 financial 6 lease 6 msi 6 rates 6 rent 6 return 6 usa 6
DOCUMENT KEY POINTS
- the quran forbids the collection of riba sometimes also referred to as usury in surah and and the following hadith where ibn masud said the apostle of god cursed the one who collected usury the one who paid it the two witnesses to the transaction and the one who recorded it
- the term riba refers to the addition to the principal amount of a loan on the basis of time for which it is loaned or of the time for which the payment is deferred
- allah says those that live in riba shall rise up before god like men whom satan has demented by his touch for they claim that riba is like trading but god has permitted trading and forbidden riba qur an
- the financing agreement consists of two parts the first is a loan agreement in which the client returns the capital to the company return on capital the second is a lease agreement based on an agreed lease rate calculated based on the declining equity stipulated by the return ofcapital pay back agreement
- see the institute of islamic banking and insurance at news features article
- php news accessed april
Please note, This is an auto generated summary based on sentances position in the document and other factors
DOCUMENT WORD ANALYSIS
Main Category
- AlHuda Material\sukuk islamic
KeyWords
sukuk islam asset finance issu certifi financi contract bankable bond ijarah leas structur profit holder rate developed purchase risk investor
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DOCUMENT REFERENCES
Number of Pages
5
Published Date
2001-12-19 14:26:59
