Islamic finance

Islamic finance guidance:

This Practice Note provides a basic introduction to Islamic finance and in particular looks at: • the nature and scope of Shari’ah • sources of Shari’ah • key principles...

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The Islamic finance industry has seen rapid growth in recent years as financial institutions and their clients look towards exploring alternative methods of financing....

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Key elements of bai salam As discussed in more detail in the Practice Note: The structure and required elements of a bai salam transaction, in particular with regard to...

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Murabaha agreements may be employed to provide working capital or acquisition financing. A murabaha arrangement entered into for such purposes is known as a commodities...

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This Practice Note considers the various Islamic or Shari’ah compliant structures typically seen in project financings and looks at the documentation involved in those...

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Some commentators have noted that the interplay of form and substance for UK tax purposes parallels the relationship of form and substance for Shari’ah purposes. From a...

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In the Name of Allah, the Most Beneficent, the Most Merciful The evolution of Islamic finance The requirement for financing is an essential requirement of business and...

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Click here to download the latest Islamic Finance & Markets report 2020, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are...

Practice Note

Click here to download the latest Islamic Finance & Markets 2020 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are...

Practice Note

Click here to download the latest Islamic finance and markets 2019 report, published by Getting the Deal Through. Jurisdictions covered The following jurisdictions are...

Practice Note

Murabaha contracts typically provide that the laws of England and Wales will govern agreements performed in the UK. A number of factors favour this practice: • most of...

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What is Shari'ah compliant financing? Shari'ah compliant financing arrangements, also known as Islamic financing arrangements, are designed to comply with Shari'ah or...

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The Islamic finance glossary pulls together key definitions and acronyms for terms commonly used in the Islamic finance industry and in Islamic finance products and...

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Islamic real estate finance is becoming increasingly mainstream. The purpose of this Practice Note is to explore in some detail the main Islamic real estate finance...

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This Practice Note provides a high-level overview of the key standard setters and participants in the Islamic finance industry and their respective roles, including the...

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Shari’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...

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This Practice Note provides an overview of the differences between the Sukuk markets in the Middle East and Far East, including recent trends and structures used. For...

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A basic murabaha and a commodity murabaha arrangement can both be structured to facilitate a single transaction, or to operate on a revolving basis so that several...

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Introduction—transactional Islamic finance There are a number of different opinions and principles iterated by Shari’ah board members when interpreting Shari’ah law in...

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High-profile London real estate deals such as development finance for The Shard, the Olympic Village, the Battersea Power Station regeneration and the redevelopment of...

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Introduction Shari'ah (also Sharia, Shariah or Shari’a) (literally, in Arabic, 'the path towards the watering place') or Islamic law is the legal system of the religion...

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A 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...

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Key features • A Customer does not obtain a physical asset for their own use, but to engage in a series of purchase and sales transactions that result in them obtaining...

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Key features • This is a form of investment management. Two parties form a commercial partnership with the Islamic Financial Institution (IFI) or group of investors...

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Key features • Murabaha is one of the most controversial, but commonly used Islamic finance techniques. It is used particularly in the Middle East for short and...

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Key features • This is a form of commercial partnership where two or more parties both provide capital (and real assets) as well as time and effort, commonly used in...

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