CHECK THESE SAMPLES OF Can Islamic Financial Products Be Applied as Main Products in the UK
The Research Problem Islamic finance is becoming one of the most attractive financial products across the world.... Jurisdiction's Central Bank Acts, islamic financial Services Board and Auditing Organization for islamic financial Institutions have been created to provide framework under which Islamic Banks will operate.... Jurisdiction's Central Bank Acts, islamic financial Services Board and Auditing Organization for islamic financial Institutions have been created to provide framework under which Islamic Banks will operate....
15 Pages
(3750 words)
Dissertation
islamic financial institutions have been feeling the effects of the recent global financial crisis.... hellip; Why islamic financial Institutions Need Improved Corporate Governance Legal Framework.... islamic financial institutions have been feeling the effects of the recent global financial crisis.... However over the last thirty or so years, islamic financial institutions have been making a formidible comeback.... Today islamic financial systems have not only been established in Islamic states, but also internationally....
18 Pages
(4500 words)
Essay
L/C finance contracts are one of them, with modern banks offering a wide range of L/C financing products to meet complex needs of traders.... hellip; One of the main instruments in this branch of banking is a letter of credit (L/C).... It is a financial agreement – a secure mode of payment - between an importer and exporter for goods shipped (Finance).... Since L/Cs carry a risk for the issuing bank in case the client defaults, the bank assesses the client's creditworthiness and financial position to evaluate his ability to pay in the future....
14 Pages
(3500 words)
Essay
The aim of this dissertation is to find out how Islamic banking should be promoted in all parts of the world particularly in the uk and the Kingdom of Saudi Arabia.... This paper provides fresh results on the level of awareness of Islamic banking in the uk and Saudi Arabia.... Islamic banking is following the Islamic Shariah law and islamic financial system which are derived from the Holy Qur'an and Sunnah (Strom et al.... Islamic banking is following the Islamic Shariah law and islamic financial system which are derived from the Holy Qur'an and Sunnah....
78 Pages
(19500 words)
Dissertation
Case Study: Islamic Banking and the financial Crisis By Candidate's Name 2012 FACULTY OF BUSINESS, DEPARTMENT OF FINANCE (This page intentionally left blank) Introduction Rashwan (2010, pp.... 2 – 5), Islamic finance has emphasised on trying to remove completely any interest involved in financial transactions.... The Quran, which is the Divine revelation presented to Prophet Mohammed, who is the Prophet of Islam, expressly forbids charging of interest, or riba, and Prophet Mohammad himself emphasised on this as mentioned in the Hadith, which is the other source of islamic law, the Shariah....
18 Pages
(4500 words)
Essay
Can Islamic Finance ever become a mainstream product in the uk?... The banking system in the uk also functions under the capitalist model, wherein acquisition of profits is an integral part of the system and “greed” or the “unbridled pursuit of wealth” has become the popular slogan for individuals and corporations (Ayub,2007, p.... The financial crisis of 2007 also affected the regulatory system in the uk, producing a tightening up of banking operations (Gola and Roselli, 2009)....
10 Pages
(2500 words)
Essay
Also, Aljarhi (2008) mentions that Sukuk can be a good solution to help the sub-prime crisis, but what happened in Dubai with Nakheel's Sukuk perhaps changes all previous concepts because investors have been informed that Nakheel cannot pay off its profit1) Analyze islamic financial instruments and research the mechanisms of Nakheel Sukuk
... ) Research the factors that caused the Dubai financial crisis 3) Analyze how the Dubai crisis impacted the Sukuk investing in islamic financial institutions Questions What factors influenced investors' confidence in islamic financial instruments?...
10 Pages
(2500 words)
Essay
But interestingly, while the concept of insurance is similar the format of insurance, especially the criteria of framework and regulation of insurance differs significantly in Islamic countries like Saudi Arabia and western countries like uk.... The paper would therefore, be focusing on the question as to why should there be development of Islamic insurance in Saudi Arabia and uk?... Need for Islamic insurance in Saudi Arabia and uk Middle East and African nations have lagged behind in insurance primarily because of the restraints imposed by religion and the prevalent poverty of the region....
6 Pages
(1500 words)
Dissertation