This is an authentic presentation on the fiqh and practical applications of the Islamic financial instrument of Mudarabah. This is compiled from authentic sources and is relevant especially against the backdrop of Islamic banking.
An authentic and comprehensive presentation on Musharaka - the Islamic Finance instrument. The presentation covers the classic fiqh aspects of Shirqat and also Musharaka as we know it in Islamic banking parlance today.
This is an authentic presentation on the fiqh and practical applications of the Islamic financial instrument of Mudarabah. This is compiled from authentic sources and is relevant especially against the backdrop of Islamic banking.
An authentic and comprehensive presentation on Musharaka - the Islamic Finance instrument. The presentation covers the classic fiqh aspects of Shirqat and also Musharaka as we know it in Islamic banking parlance today.
Mudarbah presentation (Essentials of Islamic Finance)Mohammad Yaseen
The ppt includes types of Mubardah, Mudarbah in the light of Hadith, roles in Mudarbah contract,Roles of mudharib, difference between Mudarbah and Musharkah,combine Mudarbah, components of Mudarbah,termination of mudarbah, benefits of mudarbah,uses of mudarbah, list of companies using mudarbah in Pakistan and things to be consider while documentation in Mudarbah contract.
AlHuda-Centre of Islamic Banking and Economics (CIBE) is a well known name in Islamic Banking and Finance sector which focuses on training, awareness, advisory and publications on Islamic Banking & Finance in order to promote the industry. AlHuda CIBE has organized a successful Conference "3rd Global Islamic Microfinance Forum" held on 6th & 7th October, 2013 in Dubai. AlHuda CIBE is very much pleased to share the topics and presentations being held in the Forum.
Mudarbah presentation (Essentials of Islamic Finance)Mohammad Yaseen
The ppt includes types of Mubardah, Mudarbah in the light of Hadith, roles in Mudarbah contract,Roles of mudharib, difference between Mudarbah and Musharkah,combine Mudarbah, components of Mudarbah,termination of mudarbah, benefits of mudarbah,uses of mudarbah, list of companies using mudarbah in Pakistan and things to be consider while documentation in Mudarbah contract.
AlHuda-Centre of Islamic Banking and Economics (CIBE) is a well known name in Islamic Banking and Finance sector which focuses on training, awareness, advisory and publications on Islamic Banking & Finance in order to promote the industry. AlHuda CIBE has organized a successful Conference "3rd Global Islamic Microfinance Forum" held on 6th & 7th October, 2013 in Dubai. AlHuda CIBE is very much pleased to share the topics and presentations being held in the Forum.
Conferencia "Disputas de Nombres de Dominio y otros Retos para las Marcas Registradas en el Entorno Digital" impartida en las Clínicas de Propiedad Intelectual de AMPPI.
Made for presenting at the Students' Seminar organized by the Finance and Accountancy Association (2015-16) of Ramniranjan Jhunjhunwala College, representing Jai Hind College, Churchgate.
Won 3rd position, and got a Special Mention.
[PS, flow may seem abrupt as there are hyperlinks used throughout the presentation, which is not supported on slideshare.]
An Islamic Perspective of Business Finance (A Comparative Study with Conventi...Syed Mahmood Ali
India is big country with the population of 1.210 billion of which about 172 million (14%) are
Muslims.We are having the conventional system of banking and finance which is based on only
interest. A common practice seen here is anyone who is having any surplus money would be
interested in starting the finance business instead of investing in productive projects and
developing the economy. In this paper we are trying to provide information about the Islamic
beliefs on loans, currency, investment and banking and finance besides how to use the money in
the various Islamic investment modules. The emphasizing on important investment modules in
Islamic Banking and Finance where by practical application can be done to achieve the objective real growth and development of economy
Slides of difference between conventional banking & islamic bankingShahzaibSohail8
Difference between Conventional Banking & Islamic Banking , Difference between Conventional Banking & Islamic Banking,Difference on the basis of Investment ,Difference on the basis of Social Responsibilty , Difference on the basis of deposits , Difference on the basis of Accounting
Shariah Principles and Consideration for Dealing in Shares and Also, the screening criteria of All Shares Islamic Index including Shariah Screening Criteria and Technical Screening Criteria.
For presentation design on powerpoint kindly visit links below and message for more details:
http://pph.me/masroorkhan
https://www.fiverr.com/masroorahmedkha
https://www.guru.com/freelancers/masroor-ahmed-khan
Short selling, et fs, reits, shariah screeningTairos Sman
Short selling is the practice of selling investment securities such as stocks in which the sellers do not own the stocks or that sellers have borrowed from other.
The aim of this videos is to share my teaching experience i.e the methods i do follow while teaching the graduate and post graduate students. These are the practically implemented methods while teaching. I hope it is useful for the new teacher as well as experienced to enhance their teaching skills.
Demonetization Impact on Black Money Counterfeit Currency and CorruptionSyed Mahmood Ali
It's been about 6 months since the decision of
Demonetization of higher denomination no tes of Rs 500 and
1000 withdrawn from the circulation and new currency notes
of Rs. 500 and 2000 issued for means of exchange. The
decision to withdraw 86 per cent of the cash in circulation has
thrown India into peril. Such a big and unexpected policy
change naturally carries with it a large collateral damage at
least in the short run where in India large section of the
economy is comprised of the informal or unorganized sector
which runs on cash.
The aim of this paper is to through the light on how,
demonetization decision show impact on Black money,
Counterfeit currency and Corruption in the country. In this
paper it will be analyzed to see whether the said objectives by
the Prime minister of India Mr. Narendra Modi are getting
accomplished after the decision.
Ratio analysis advantages and limitations (Complete Chapter)Syed Mahmood Ali
The aim of this PPT's to provide complete knowledge of Ratio Analysis chapter covering all the formula's for any university student of B.com, M.com, BBA and MBA.
Ratio Analysis is a part of Financial Statement Analysis that is used to obtain a quick indication of a firm's financial performance in several key areas.
Liquidity ratios
Activity ratios
Solvency ratios
Profitability ratios
Under this technique all costs are classified into fixed costs and variable costs. Only variable costs are considered product costs and are allocated to products manufactured. These costs include direct materials, direct labor, direct expenses and variable overhead. Fixed costs are not considered for computing the cost of products or valuation of inventory.
how to sell pi coins at high rate quickly.DOT TECH
Where can I sell my pi coins at a high rate.
Pi is not launched yet on any exchange. But one can easily sell his or her pi coins to investors who want to hold pi till mainnet launch.
This means crypto whales want to hold pi. And you can get a good rate for selling pi to them. I will leave the telegram contact of my personal pi vendor below.
A vendor is someone who buys from a miner and resell it to a holder or crypto whale.
Here is the telegram contact of my vendor:
@Pi_vendor_247
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
Yes of course, you can easily start mining pi network coin today and sell to legit pi vendors in the United States.
Here the telegram contact of my personal vendor.
@Pi_vendor_247
#pi network #pi coins #legit #passive income
#US
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)
Islamic Rules of Business & Finance
1. .
In the name of Allah, the
Most Beneficent, the Most
Merciful.
2. An Introduction
to
Islamic Rules of Business & Finance
Prepared by
Syed Mahmood Ali. M.com; MBA
Associate Professor,
Royal Institute of Technology & Science.
3. Contents:
1. Belief in Devine Guidance
2. Capitalist & Islamic Economy
3. Capital &Entrepreneur
4. Currency meaning and its role
5. Islamic Rules of Sales
6. Modes of Islamic Finance
Musharakah
Mudaraba
4. 1. Belief in Devine Guidance
• The primary belief around which all the Islamic Concepts
revolve is, the whole universe is created and controlled by
ONE GOD.
• He has created human being on the earth to fulfill certain
objectives through obeying His commands.
• These commands not restricted to some modes of worship or
religious rituals.
• On the contrary, these command cover a substantial area of
almost every aspect of our life.
• These commands are neither so exhaustive nor so little or
ambiguous. Far from these two extremes, Islam has a balanced
approach to govern the human life.
6. Capitalist Economy
• In Capitalism, the profit motive and private ownership are given
unbridled power to make Economic Decisions.
• If there are some restrictions, they are imposed by human beings and
always subject to change through democratic Legislations, which
accepts no authority of any super-human power.
• It allows number of practices which cause Imbalance in the society
like Interest, gambling, speculative transactions.
• These transactions tend concentrate wealth in few hands.
• Unhealthy human instincts are exploited to make money through
immoral and injurious products.
• High profit earning motive create monopolies which paralyze or
hinder the market forces from their natural operations.
• Certain Economic activities not in the interest of the society, yet,
allowed to be continued as it goes against the interest of some
influential circles who dominate the legislature on the strength of
their majority.
7. Islamic Economy
• Islam does not deny the market forces and market economy.
• Even the profit motive is acceptable to a reasonable extend.
• Private ownership not totally negated.
• It put some divine restrictions on the Economic activities.
• These restrictions are imposed by ALLAH almighty.
• Whose knowledge has NO limits and cannot be removed by
any human authority.
• The prohibition of RIBA (usury or interest), gambling,
hoarding, dealing in unlawful goods or services, short sales and
speculative transactions are some examples of these divine
restrictions.
• It says that human should submit to the divine authority and
obey its commands by accepting them as absolute truth and
super human injunctions which should be followed in any case
and at any price.
• All these prohibitions show collective impact on Socio
Economic equality, maintaining balance, distributive justices
and quality of opportunities
9. Capitalist Economy
• Capital and Entrepreneur
are two separate factors of
production.
• Capital will get Interest
Entrepreneur will get profit
(after distributing fixed return
in the form of rent, wage, and
interest)
Islamic Economy
• It does not recognize
Capital and Entrepreneur
as separate factors of
production.
• Every person who
contributes the capital to
commercial enterprise
assume the risk of loss,
hence eligible to a
proportionate share of
profit
10. Currency
meaning and its role
“Money is such a companion of yours that it does
not benefit you, unless it leaves you.”
(Al-Zahabi, Siyar A’lam-al-Nubala’ v. 4, p.576, Beirut)
11. Conventional System
• Money is a product besides
medium of exchange and store
of value.
• It is recognised as subject
matter of trade.
• Time value is the basis for
charging interest on capital.
• Trading in money leads to
inflation due to non existence
of goods & services.
• Illusion of intrinsic value or
utility of money
Islamic System
• Real Asset is a product. Money
is just a medium or means of
exchange.
• It is NOT recognized as subject
matter of trade.
• Each unit of money is 100%
equal to an other unit of the
same denomination at any point
of time.
• NO inflation as trading in money
is prohibited & allowed in goods
& services
• NO intrinsic value or utility.
13. • The subject of sale must be existing at the time of sale.
• It must be in the ownership of seller at time of sale.
• It must be in the physical or constructive possession of the seller when
he sells it to another person.
• The sale must be instant and absolute. Thus a sale attributed to future
date or a sale contingent to future event is void. If the parties wishes to
effect a valid sale, they will have to effect it afresh when the future
date comes or contingency occurs.
• The subject of sale must be a property of value. Thus, the thing having
no value according to the usage of trade cannot be sold and purchased.
• The subject of sale should not be a thing which is used for a Haram
purpose only, like pork, wine etc.
• The subject of sale must be specifically identified and known to the
buyer.
• The delivery of the sold commodity to the buyer must be certain and
should not depend on a condition for the validity of a sale.
• The sale must be unconditional. chance or unforeseen event.
• The certainty of price is a necessary A conditional sale is invalid,
unless the condition is recognized as a part of the transaction
according to the usage of trade.
14. Modes of Islamic
Finance
Islam is the only religion in the
world, provides guide lines and
rules and regulations for financing
and business
15. Musharakah
(Joint Venture or Partnership)
It is a most ideal form of financing advocated by Islam.
It refers to sharing of profits and losses in joint
ventures. Here the financer instead of giving fixed or
predetermined rate of loan will invest his money in a
joint venture on the condition of sharing actual profits
and losses. It is a relationship established by the parties
through mutual contract and it contains all the
necessary requirements of valid contract such as
capability of the parties, free consent and no fraud and
misrepresentation etc.
16. Basic Concepts of Musharakah
• The profit sharing ratio must be agreed at the time of signing the
agreement.
• Fixed lump sum amount for any partner as profit NOT ALLOWED
• Any fixed amount drawn by the partner will be adjusted to actual share
of profits one may deserve at the end of the period. Amount drawn less
than the actual share of profit can be withdrawn or more should be
returned.
• Only Actual profits accrued to the firm are distributed among the
partners.
• Share of profit can be any ratio agreed by the partners i.e. it may differ
from the ratio of investment.
• In case of loss all the partners has to suffer the loss exactly to their ratio
of INVESTMENT/CAPITAL.
• The share capital of Musharakah can be contributed either in cash or in
the form of commodities or kind subject of the determination of market
value as share of the partner in the capital.
• As far as the management of Musharakah is concerned all the partners
can participate or any one of them acting for all can participate.
17. • Every partner has right to terminate the Musharakah at any time after
giving other partners a notice of termination.
• Any partner dies during the Musharakah the contract with died partner
terminated. The legal heirs will have the option either to draw the died
partner share or to continue with the contract of Musharakah
• If any partner becomes insane of incapable in discharging commercial
transactions, the Musharakah stands terminated.
• If one of the partners wants to terminate the Musharakah, while other
partners wants to continue, this can be resolved by mutual agreement.
The partner who wants to terminate Musharakah can sell his share to
the partner who wants to continue the business.
• The selling price of the leaving partner must be determined by mutual
consent. If there is a dispute about the valuation of the share and the
partners do not arrive at an agreed price, the leaving partner may force
other partners to liquidate or distribute the assets.
• If the assets of Musharakah are in the form of cash, will be distributed
in the pro rata. If the partners agree to liquidate assets and distribute,
can be done accordingly. If the partners want to distribute assets as they
are, can be done accordingly. If one of the partners want liquidation and
others wants to distribute assets as they are, the distribution of assets
will be preferred.
18. Mudarabah
It is special type of partnership
where one partner provides funds to
another for investing in a commercial
enterprise. The fund provider is
called as “Rabb
-ul-mal”, while the management is a
sole responsibility of other partner
called as “Mudarib”
19. Basic Concepts of Mudarabah
• Investment is the exclusive responsibility of Rabb-ul-mal
• Mudarib will carry out the management activities while Rabb-ul-
mal has no right to take part in management.
• Loss, if any, is suffered by the Rabb-ul-mal only, as Mudarib does
not invest anything. Efforts and work of Mudarib will be lost and
will not get any fruits for him.
• Mudarib should work with due diligence which is required
normally for the business of that type while for negligence and
dishonesty he is liable for the loss.
• The liability of Rabb-ul-mal is limited to his investment.
• Mudarib has to bear the debt incurred without the consent of Rabb-
ul-mal.
• Rabb-ul-mal is the sole owner of goods purchased by Mudarib.
• Mudarib is entitled to his share of profit only, if, he could able to
generate profits.
• Mudarib or Rab-ul-maal CANNOT claim any Salary, Fee or
Remuneration
20. • Mudarib cannot claim any share in the assets or in its
increased value if any.
• Restricted Mudarabah: if Rabb-ul-mal specifies any particular
business for Mudarib, he shall invest the money in that particular
business only.
• Unrestricted Mudarabah: when Rabb-ul-mal left the option open
for Mudarib to undertake whatever business he wishes.
• The Mudarib is authorised to do anything which is normally done
in the course of business. However, if he wants to do any thing
which is beyond the scope of normal routine of the business, he
cannot do without the express permission of Rabb-ul-mal
• The profit Ratio can be anything mutually agreed.
• The contract of Mudarabah can be terminated at any time by
either of the parties by giving notice to other party.