Index 215pornography businesses involving, 6,
125
Ports, Customs and Freezones
Company, 102
Principle Insurance Company
Limited, 130
probability of default, 172
product development, 146–47
professional qualifications, 21–22, 26–
27
profit/loss sharing principle, 13, 44–45
project finance, 75–82
prudential criteria, 6, 167–68
public policy, UK, 11
purchase price arrangements, 54, 59
purchaserssee al-mustasni
purification criteria, 125–28qard 207
qard al-hasan,104, 131, 133–134,
137, 207
Qatar, 122
Qatar Financial Centre Regulatory
Authority (QFCRA), 164, 166
qimar(maysir), 8, 208
qist, 208
qiyas, 4–5, 208
qualifications, 21–22, 26–27
Quran, 3–4
rabb al-maal, 14–15, 80–81, 85, 95–96,
208
rate of return risk, 170
real estate finance, 75–82
Regulated Activities Order (RAO),
FSMA, 179, 181
regulatory criteria, 163–68
UK, 51, 177–83
religious foundations, 3–8
retail banking, 31–36
retail market, UK 9–11
retakaful, 137–38
revenue sources, credit cards, 38–41
reversemurabaha,35
RHB Unit Trust Management, 115
riba, 5–6, 32, 39, 99, 140, 208
risk sharing principles, 13, 44–45
risks in Islamic banks, 169–70
rukn, 208
“running” accounts, 71
sadaqa, 208
salam, 17–18, 53, 58–60, 99
delivery principles, 59–60
derivative based transactions, 100–
01
structured products, 87
working capital finance 69–71, 72–73
sales personnel, 146
sanctions, 186
Saudi Arabia, 122
Saudi Basic Industries Corporation,
123
savings accounts, 31, 33
screening, 97–98, 115–16, 125–28
secondary markets, 117–24
secured loans, 31, 33–36
securities, selling and packaging 97–
98
see alsocapital markets
Securities Commission of Malaysia,
115
security agents, 84
security trustees, 84
segregation of business lines, 166–67
shareholders intakafuloperations,
131–132
Shari’a, 208
fiqh al-muamalat, 5–8
primary sources, 3–4
secondary sources, 4–5
vs. “man-made” laws, 139–40
Shari’a Supervisory Boards, 86, 164–
65, 181–82, 185–92, 208
Shari’a scholars, 128, 147–48, 181–82
see alsoShari’a Supervisory Boards
sharikat al-aqt,95
sharikat ul-melk,95
Shia,4
shirka, 208
Singapore, 122
Solidarity Trust Services Limited
(STSL), 112
special purpose vehicles (SPVs), 107–
108, 110, 111
“specific needs” finance, 66–69
speculative behaviour, 13
see alsogharar
spot payment, 15–16
stamp duty land tax (SDLT), 50–51,
154–55