Oct 05, 2024
Microfinance as an industry has been on the rise in Saudi Arabia, with the Kingdom being among the fastest growing microfinance markets, despite being a relatively nascent industry
Sep 28, 2024
On the face of it, it can seem that Musharakah contracts aren’t that different from conventional partnership agreements in any business, with the sole limitations being on th
Sep 26, 2024
As with all things business and finance, Musharakahs contains advantages and disadvantages, with the determining factor being the needs and goals of the investor. Analyzing the str
Sep 25, 2024
What is Musharakah?
Musharakah – which comes from the Arabic word to partner or to share – is, as the name suggests, a Shariah-compliant agreement where two or more
Sep 22, 2024
When it comes to Islamic finance, one of the oldest and most frequently used types of sales contracts is the salam contract. Salam is a type of forward sale contract, whereby the b
Sep 20, 2024
Taken at face value, Ijarah is simply a form of shariah-compliant leasing or renting. But as we discussed in a previous entry, when used in combination of various separate purch
Sep 18, 2024
The flexibility offered in terms of payments in an istisna contract, as well the required specificity in the asset makes istisna ideal for large scale projects of all sorts, inc
Sep 15, 2024
Among the many Islamic finance contracts that has grown in importance – particularly in the realm of project finance and manufacturing – is the istisna contract. Coming
Sep 13, 2024
A crucial component of ijarah is that the lessor maintains ownership of the asset being leased throughout the duration of the contract period with automatic ownership transfer clau