Mainstreaming Islamic Microfinance An Inclusive Approach by

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Top 20 FREQUENT WORDS

murabahah 58 islamic 23 client 22 payment 22 training 22 microfinance 21 workshop 21 profit 19 facility 15 price 12 goods 11 purchase 9 supplier 9 installment 8 promise 8 receivable 8 received 8 sale 8 agreement 7 amount 7 hamish 7 jiddiyah 7


DOCUMENT KEY POINTS

  • sale must be instant and absolute exception of above rules in salam and istisna
  • training workshop a islamic microfinance process flow approval of credit facility a negotiation approval of murabahah facility a murabahah facility agreement a c terms and conditions description of goods cost contract price rate of profit etc
  • a c supplier s invoice in whose name who can be the supplier murabahah mfi facility client agreement approval of facility
  • training workshop a islamic microfinance process flow purchase requisition promise a requisition invoice in whose name who can be the supplier a unilateral promise purpose a payment of hamish jiddiyah optional purpose return mfi
  • promise client from client
  • training workshop a islamic microfinance pricing of murabahah example murabahah price calculation purchase of poultry feed stock a c murabahah facility days a c payment six monthly installments a c rate of profit p
  • a c securities personal surety or pledge of feed stock etc
  • carriage of cost total cost x profit calculation x x murabahah price amount of
  • training workshop a islamic microfinance pricing of murabahah example particulars amount rs
  • a c after acquisition a a asset available for sale on murabaha to client shall be measured at historical cost a in case of default in payment of murabahah price the asset shall be measured at cash equivalent value ie
  • training workshop a islamic microfinance some applicable guidelines from aaoifi measurement of asset value a c at acquisition a measured and recorded at historical cost
  • a c profits whose payment is due after the current financial period shall be recognized as per following a proportionate allocation of profits a profit may also be recognized as and when received
  • a c treatment for binding promise a the amount of actual loss to be deducted from hamish jiddiyah a in absence of any guarantee or hamish jiddiyah any loss incurred shall be recorded as receivable due from the defaulter client
  • training workshop a islamic microfinance some applicable guidelines from aaoifi failure to fulfill promise having paid hamish jiddiyah a c hamish jiddiyah to be treated as liability on islamic bank
  • training workshop a islamic microfinance some applicable guidelines from aaoifi penalty a to be deposited in charitable account on realization provision a c mfis and bank maintains a provision for overdue installments as per its own policy of provision for non performing loans
  • a c banks in pakistan are required to follow sbp prudential regulations
  • practice of murabahah pricing of murabahah example a c purchase of poultry feed stock a c murabahah facility days a c payment six monthly installments a c rate of profit six months kibor a c murabahah transaction rs
  • a c securities pledge of feed stock equitable mortgage lien on deposit post dated cheques etc
  • practice of murabahah pricing of murabahah example particulars amount rs
  • freight insurance of cost total cost x risk premium profit p


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\islamic micro


KeyWords

islam microfin financial institute bankable finance developed service fund countries member NA republic regular program credit loan muslim rate access


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DOCUMENT REFERENCES

Number of Pages

25


Published Date

2016-09-17 00:48:18


Full Document

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