Enhance your practice with expert insights into structuring and managing Sharia-compliant financial products. Our comprehensive guidance offers essential knowledge on Islamic finance principles, ensuring you can advise clients confidently on this dynamic and growing sector. Stay ahead with the latest developments, regulatory frameworks, and practical applications, tailored for legal professionals in Banking & Finance.
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Bills of exchange—structure and partiesBills of exchange are negotiable instruments that represent an unconditional promise by one party to pay...
Term Loan B facilitiesThis Practice Note discusses Term Loan B (TLB) facilities which frequently appear as a tranche of senior facilities in...
Invoice discounting and factoringThe popularity of financing business through the invoice discounting and factoring of receivables has grown...
Common financial covenantsThis Practice Note explains certain common financial covenants used in commercial finance transactions including:•minimum...
Structure and key features of an Ijarah transactionA Shari’ah compliant leasing agreement takes the form of an ijarah which can either be akin to an operating lease, whereby the asset is returned to the lessor at the end of the rental period (much like hiring a car), or a finance lease, whereby the
Key principles of Islamic financeShari’ah compliant or Islamic finance is a form of financing based on principles of and prohibitions under Shari’ah or Islamic law. These principles and prohibitions are derived from various sources, details of which are set out in Practice Note: Sources of Shari'ah.
The distribution of takaful products through banksLike their conventional counterparts, takaful operators (ie Islamic insurance providers) have a number of ways to distribute their Shari’ah compliant life insurance products (referred to as family takaful products) and their non-life insurance
The structure and required elements of a bai salam transactionTerminologyGiven the historic origins of Shari'ah principles and jurisprudence in general and those underlying the development of bai salam, much of the terminology revolves around commodities and agriculture. Since the application of
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