Islamic Finance Contracts

This programme introduces you to the various contracts used in the Islamic finance industry. By the end of the programme, you will gain familiarity with the most common contracts used, how they are distinct from one another, and their areas of use.

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Islamic Finance Contracts

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Overview
Table of Contents

Author

Released 30 May 2021

This programme introduces you to the various contracts used in the Islamic finance industry. By the end of the programme, you will gain familiarity with the most common contracts used, how they are distinct from one another, and their areas of use.

Code: PG18508

SECTION 1

Islamic Finance Contracts at a Glance 11m 49s

Introduction Preview What is Aqd (Contract)? Contract Categories Partnership Contracts (Sharikat) Mudarabah (Profit Sharing) Applications of Mudarabah Grant-based Contracts (Tabarru'at) Types of Grant-based Contracts Applications of Grant-based Contracts Exchange-based Contracts (Mu'awadat) Supporting Contracts Types of Supporting Contracts Module Summary

Islamic Finance Contracts at a Glance Quiz

SECTION 2

Murabaha 09m 19s

Definition of Murabaha Murabaha Application Example Murabaha Financing Module Summary

Wakala 03m 29s

Definition of Wakala Example: Application in Money Markets Utilisation of Profit Module Summary

Musharakah 02m 55s

Definition of Musharakah Musharakah Application Example Profit Share Percentages Loss Share Percentages When can a Musharakah contract be used?

Mudaraba 09m 30s

Definition of Mudaraba Mudaraba transaction with only one investor Mudaraba transaction with more than one investor Certificate of Deposits to follow an Investment Mudaraba Model Shariah Restriction on Commodity Murabaha Commercial Restriction on Certificate of Deposits

Ijara 03m 31s

What is an Ijara Contract? Terminologies Applicable to Ijara Contracts What are the Types of Ijara Contracts? Rules that Apply to an Ijara Contract Market Application of Ijara Contracts

Islamic Finance Contracts Quiz 1

SECTION 3

Musawama 08m 57s

Definition of Musawama Musawama Application Example 1 Always Used with a Wa’ad Shariah Approval for a Musawama Contract Musawama Application Example 2

Wa'ad or Undertaking 04m 01s

Definition of Wa'ad Undertaking is Binding only to one Party Wa'ad Application Terminologies

Arbun 04m 56s

Definition of Arbun Market Application Example Real World Application on Financial Markets

Salam and Istisna 06m 30s

Inroduction Definition of Salam Contract Definition of Istisna Contract Comparison Between Salam and Istisna Contracts

Islamic Finance Contracts Quiz 2

Programme author

IM Learning

IM Learning, is a leading learning platform of IslamicMarkets.com. We offer practitioner-led learning and workshops focusing on Islamic financial markets. We bring together experts from around the world, with substantial experience and expertise in different sectors of the Islamic economy, providing strategic knowledge and industry-based training in different languages and adapted to your local market needs. IM Learning material is available online, on-demand, live-streaming, and face-to-face.

Programme info

1h 04m 57s
Last Updated 30 May 2021
Certificate of Completion