summary of islamic financial product

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Issue:

Business

 

Written by:

Patrick B

 

Date added:

May 15, 2012

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 729

 

Was viewed:

3744 times

 

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Essay content:

This has become a challenge to Islamic bankers where they want to develop financing structures that are not only consistent to shariah principles but also attractive to corporate users. Islamic Debt Securities has already fulfilled the challenging where its first issue in 1990 and it is easier to structure...
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Examples of such instrument are the BaIDS, and Sukuk al Ijarah. After 1990, there was no further development of the Islamic financial product until 1996 where an instrument known as the Murabahah Notes Issuance Facility became the first short-term Islamic financial instrument that was issued on a tendered basis...
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