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...
Shari’a compliant financing arrangements (also known as Islamic financing arrangements) can take a number of forms. The UK has introduced specific provisions known as the...
Shari’a-compliant financing arrangements (also known as Islamic financing arrangements) can take a number of forms. The UK has introduced specific provisions known as the...
A musharaka is a form of Islamic financing that operates as a form of shared ownership arrangement. It can be used as a Shari’a-compliant alternative to acquiring land...
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...
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...
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...
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...
Sukuk (singular form: ‘sakk’) is a type of Shari’a financing arrangement also referred to as Islamic bonds or certificates. For more information, see Practice Note:...
Sukuk (singular form: 'sakk') is a type of Shari’a financing arrangement also referred to as Islamic bonds or certificates. For more information, see Practice Note:...
Sukuk (singular form: ‘sakk’) is a type of Shari’a financing arrangement also referred to as Islamic bonds or certificates. For more information, see Practice Note:...
Sukuk (singular form: ‘sakk’) is a type of Shari’a financing arrangement also referred to as Islamic bonds or certificates. For more information, see Practice Note:...
Sukuk (singular form: ‘sakk’) is a type of Shari’a financing arrangement also referred to as Islamic bonds or certificates. For more information, see Practice Note:...
This Practice Note outlines the stamp duty and stamp duty reserve tax (SDRT) treatment of the issue and transfer of sukuk, a form of Shari’a-compliant financing, also...
Shari’a-compliant financing arrangements (also known as Islamic financing arrangements) can take a number of forms. The UK has introduced specific provisions known as the...
This Practice Note outlines the UK VAT treatment of the issue of a sakk by an issuer to an investor (or sakk holder). A sakk is a certificate that confers certain rights...
Introduction to musharaka—a profit and loss sharing instrument of Islamic finance A fundamental principle of Islamic finance is that of ‘no profit without risk’, ie the...
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...
Introduction—a pure theory, a dead practice? For a number of years, Islamic financing has been offered by both Islamic financial institutions (IFIs), as well as...
Shari’a compliant financing arrangements (also known as Islamic financing arrangements) can take a number of forms. The UK has introduced specific provisions known as the...