Currency Exchange
From HodHood
Contents
Top 20 FREQUENT WORDS
currencies 9 islamic 7 rate 7 contract 6 exchange 6 profit 6 promise 6 ratio 6 amount 5 bill 5 permissible 5 sold 5 debt 4 deferred 4 fee 4 financial 4 musharakah 4 parties 4 payment 4 rent 4 sale 4 security 4 society 4 transaction 4
DOCUMENT KEY POINTS
- it is permissibile for the lessee to let to a third party during the lease period whether for the same rental or more as long as the asset is not affected by the change of user
- in a musharakah contract the parties may agree on a ratio of profit different from the ratio of their investment with the only condition that a partner who in expressed terms relieves himself from the liability to work for the partnership cannot claim a ratio of profit higher than the ratio of his investment for example if a has invested of the capital while b has invested the parties can agree
- however if the lessee charges from his sub lessee a rent more than the rent payable by him to the original lessor it is not permissible according to imam abu hanifah but it is permissible according to other ima miss
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
3
Published Date
2010-05-29 17:52:20
