Allama Muhmmad Iqbal Words, without power, is mere philosophy.
Quaid-e-Azam Expect the best, Prepare for the worst...
Modes of Islamic Finance MURABAHA: Literally it means a sale on mutually agreed profit. Technically, it is a contract of sale in which the seller declares his cost and profit. Islamic banks have adopted this as a mode of financing. As a financing technique, it involves a request by the client to the bank to […]
Islamic Banking Global Scenario – Final Part Previously we discussed the situation of Islamic banking and financial institutions in Bahrain and Malaysia. Moreover, Islamic banks have also built a strong presence in Malaysia, where Standard & Poor’s assigned a BBB+ rating to the $600 million Sharia-compliant trust certificates (called sukuk) issued by Malaysia Global Sukuk […]
