March 2011 ~ Islamic Finance Tutorials

Burj Khalifa : Pinnacle of Civilization

Burj Khalifa ( formerly known as Burj Dubai ) has evolved from a vision that has translated into reality. H.H. Shiekh Mohammed bin Rashid Al Maktoum PM , V.P of UAE and ruler of Dubai, has set a definite vision for Dubai to be a world famous destination. With the wise vision of His highness and the hardwork of his country men and women, The dream has evolved from its cradle stage to reality. In 2009 The Burj has claimed Today in 2011 , visitors from all over the globe flock to Dubai to have their life time experience in Burj Khalifa, which in turn offers spectacular views of Dubai in addition to a one of a kind experience in dining and staying.

Forward Contracts and Bay Al Salam

Bay Al salam : is the islamic version of future contracts, that been said ,both of them have their own properties that be similarities or differences.

Islamic forward contracts Bay al Salam

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Thursday, March 31, 2011

Musharaka Islamic Joint Venture

9:12 AM A Financier No comments

Musharaka is the islamic form of joint venture, where two or more parties form an investment venture , and where they both share profits and losses accordingly.

All parties involved in the Musharaka should have agreed on terms and conditions prior to engaging in this deal. Roles or capitals contributions are assigned and agreed upon by all parties.