Explain what is meant by Islamic financing. What are the different types of securities that are used

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Explain what is meant by Islamic financing. What are the different types of securities that are used in this sector? In this context, explain what is meant by a ‘sukuk’.

Construct a practical Example of a sukuk and explain the issues that arise in its use.

[Challenge: discuss some of the specific transactions, rather than simply the type of transactions, that are commonly used in Islamic banking.]

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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Question Posted: Feb 22, 2024 03:00 AM

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Explain what is meant by Islamic financing. What are the different types of securities that are used

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Islamic financing also known as Islamic banking or Shariacompliant finance refers to financial activities and products that comply with Islamic law Sharia Sharia prohibits certain elements commonly fo...View the full answer

Corporate Finance

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