An Introduction to Islamic Finance: Theory and Practice

232 AN INTRODUCTION TO ISLAMIC FINANCE IFIs can be alleviated through the creation of an index that tracks the social performanc ...

Performance of Islamic Financial Services 233 ■ (^) Islamic banks’ solvency was better, mainly due to low leverage which helped ...

234 AN INTRODUCTION TO ISLAMIC FINANCE Table 11.2 and Figure 11.2 show the results of a comparison of the performance of the Dow ...

Performance of Islamic Financial Services 235 better than its counterpart and had lower volatility, which resulted in a lower Sh ...

236 AN INTRODUCTION TO ISLAMIC FINANCE TABLE 11.3 Performance comparison of S&P Shari’ah 500 and S&P 500 Index Performan ...

Performance of Islamic Financial Services 237 Figure 11.3 shows the sector allocation of two indices and reveals that the Islami ...

238 AN INTRODUCTION TO ISLAMIC FINANCE likely than conventional institutions to suffer negative outcomes beyond their capacity t ...

Performance of Islamic Financial Services 239 Ihlas Finans was a subsidiary of Ihlas Holdings, a social - oriented busi- ness or ...

240 AN INTRODUCTION TO ISLAMIC FINANCE it was discovered that some of the agency (mudharabah) fi nancing was done in the name of ...

Performance of Islamic Financial Services 241 ■ (^) IBSA claimed to share profi ts and losses with ratios of 66 percent for the ...

242 AN INTRODUCTION TO ISLAMIC FINANCE to some estimates, by 1988 they had managed to attract about half a million customers and ...

Performance of Islamic Financial Services 243 misrepresentation,^12 and were in no way attributable to the special nature of Isl ...

245 CHAPTER 12 Financial Engineering F inancial engineering and innovations are the forces driving the global fi nan- cial syste ...

246 AN INTRODUCTION TO ISLAMIC FINANCE Financial development and innovations have had a positive impact on the economic growth o ...

Financial Engineering 247 ■ (^) A fi rm in the Islamic fi nancial markets will lose its business competitive- ness because of it ...

248 AN INTRODUCTION TO ISLAMIC FINANCE A close scrutiny of the instruments underlying the Islamic fi nancial system reveals that ...

Financial Engineering 249 contracting parties are free to engage in any transactions not prohibited by the Shari’ah. In other wo ...

250 AN INTRODUCTION TO ISLAMIC FINANCE instrument, these are allowed and recognized by the Shari’ah and carry different risk/ret ...

Financial Engineering 251 it, using equivalent instruments from the set of Shari’ah - approved instru- ments. This approach is v ...

252 AN INTRODUCTION TO ISLAMIC FINANCE STRUCTURING TAMWEEL SUKUK The Tamweel sukuk —a $210 - million secured fl oating - rate no ...