ISLAMIC FINANCE

pref share
PREFERENCE SHARES: AN ISLAMIC FINANCE OUTLOOK
Introduction It is not uncommon for companies to issue preference shares for subscription by intending members of the public. Among other reasons, this happens usually in a bid to raise more capital...
Sukuk
SUKUK: AN ISLAMIC FINANCE ALTERNATIVE TO A CONVENTIONAL BOND
Introduction One of the major sectors of Islamic finance is the Islamic capital market. This market has evolved in recent years with the listing of shariah-compliant stocks and the growing issuance of...
waqf
WAQF (ISLAMIC ENDOWMENT): RESUSCITATION OF A MORIBUND ISLAMIC SOCIO-ECONOMIC INSTITUTION
Introduction Waqf (plural; awqaf), usually referred to as Islamic endowment is an age-long Islamic traditional socio-economic institution specially designed for equitable distribution of wealth and...
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THE TIME VALUE OF MONEY CONCEPT: DID ISLAMIC FINANCE GET IT WRONG?
Introduction A fundamental concept in finance is the concept of time value of money. The time value of money is based on positive time preference which assumes that a sum of money given today is worth...
islamic finance_feature
ISLAMIC FINANCE: AN INTRODUCTORY INSIGHT
Introduction One of the fastest developing industries in the financial service sector is Islamic finance. Over the past two decades, Islamic finance has witnessed an annual growth of over 10%. This...