Islamic Financing Principles When it comes to know the basic Islamic financing principles, then remember that it is strictly forbidden for a lender to realize a financial profit resulting from late payment penalties paid by a debtor in default of payment. On the other hand, it is permissible (and accepted by a number of scholars) […]
Islamic Finance Definition | Basic Concepts | Islamic Financing in the World
Islamic Finance Definition There is no single definition of Islamic Finance but it is widely used today to refer to financial and commercial activities that respect the principles of Islamic law and jurisprudence, more commonly referred to as Shari a “. Respect for such principles allows investing and making profits in accordance with the rules […]
Islamic Banking Definition | Basic Concepts of Islamic Banking
Islamic Banking Definition The fundamental principle of Islamic banking is based on the Bank’s direct involvement in transactions financed by it. The remuneration it receives is justified either by its status as co-owner, to the results of the project financed (losses or profits) in the case of a Moudharaba or a Musharaka, or by the […]
Financial Advisers Definition | How much we should Rely on them
Financial advisers are those people, who provide financial guidance to customers for getting the maximum compensation from the buyer. Investment management, income tax preparation and estate planning, etc all are the possible jobs of financial advisers. How much We can rely on Financial Advisers In U.S.A. 75% of investors consult some type of financial adviser […]
Why you Should Restore Power to Middle Managers
With the development of extremely powerful CRM tools, middle managers have gradually focused on the exploitation of customer data rather than on commercial management. Nowadays, social networks and social selling techniques allow these men of the field to give back to the commercial actions of your company a sense of human dimension. Below is the […]
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