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...
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...
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...
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...
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...
This Practice Note provides an overview of the key considerations that an Obligor should take into account in selecting an appropriate structure for the issuance of...
Takaful is a means of providing risk-cover conducted in line with the principles of Islam. To understand the mechanics of takaful and its documentation, it is critical to...
Like their conventional counterparts, takaful operators (ie Islamic insurance providers) have a number of ways to distribute their Shari’ah compliant life insurance...
Takaful is the provision of risk-cover conducted in line with the principles of Islamic law (Shari’ah). It offers a unique and important alternative to conventional...
This Practice Note sets out the key differences between conventional bonds and sukuk, or trust certificates as they are otherwise known, (the Sukuk). The Practice Note...