Islamic Modesinstruments For Microfinance Institutions

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Top 20 FREQUENT WORDS

financing 18 musharakah 18 client 17 equity 13 islamic 13 agricultural 12 modes 11 diminishing 10 rent 7 asset 6 tractor 6 units 6 enterprise 5 price 5 purchase 5 contract 4 profit 4 rules 4 details 3 financier 3 ijarah 3 owner 3 procedural 3 purchased 3 rental 3 signed 3 sole 3


DOCUMENT KEY POINTS

  • islamic modes a agricultural financing musharakah a c an equity participation contract under which ib and its client contribute jointly to finance an enterprise
  • islamic modes a agricultural financing diminishing musharakah dm a form of musharakah where the financier and the client participate in a joint commercial enterprise or property
  • buying selling not stipulated a this asset becomes undivided ownership of both the bank and the client musha none of the parties can withdraw its equity till dm is terminated a general rules of partnership apply
  • islamic modes a agricultural financing diminishing musharakah dm procedural details a client requests the bank for dm a appraisal is accorded a approval is conveyed
  • a the price of one unit of bank s equity is valued a ijarah agreement is signed a in case of ijarah the rent is realized while in case of business or services profit and losses are shared a expenses connected to asset are borne by the partners proportionately
  • islamic modes a agricultural financing diminishing musharakah dm procedural details contd a at the same time uni lateral promise from client is obtained to purchase the units of bank s equity
  • accruing rentals pays price of sell its the units of share in bank s equity equity
  • diminishing musharakah share in share in capital capital partner bank
  • musharakah contract is signed a the rental of tractor is fixed according to certain reference price ijarah for future date is signed a the client promises unilateral promise to the bank to purchase banks equity divided in to equal value units a say rent is fixed p
  • islamic modes a agricultural financing diminishing musharakah dm a of the cost rs
  • islamic modes a agricultural financing diminishing musharakah dm amount in rupees total value of asset share of client share of bank no
  • of units value of one unit rent per month rent per unit per month


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DOCUMENT WORD ANALYSIS

Main Category

AlHuda Material\islamic micro


KeyWords

islam finance bankable contract client profit purchase financial asset microfin risk sale transact price murabahah busi sharia goodasset payment invest


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DOCUMENT REFERENCES

Number of Pages

15


Published Date

2016-09-17 00:48:16


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