Abdul Rahman ARMY

Abdul Rahman ARMY

Teaching Fellow at INCEIF University Malaysia in the post-graduate and professional studies in Islamic Banking & Finance. An accredited trainer and active module writer, exam reviewer and consultant.

Activity

  • Most of the SNCE occurred not due to incorrect product structure but rather the operational process in marketing, processing, Aqad sequencing, legal drafting, computing of profit charges and late payment.

  • In some instances, the dual agency is used allowing the Islamic bank to buy the commodity on customer's behalf on deferred & markup price and thereafter to sell it on spot at cost to third party or appointed commodity broker to obtain cash in respect of the financing to customer.

  • In so far, the tools or rather the Shariah contract that are commonly used for liquidity purpose include Qard, Inah, Tawarruq and Ijarah cash line or Islamic Overdraft.

  • anytime

  • thanks

  • Absolutely right and besides it is available across the board irrespective of individual's religious beliefs.

  • We try to make is as brief as possible especially for beginners to acquire the fundamental knowledge in Islamic banking.

  • It is mentioned in the Documents Required for a Partnership Deeds which mean a Musharakah structure.

  • It is not the case since those countries mentioned were randomly chosen for the discussion purposes.

  • Absolutely right.

  • The subject matter must meet all the requirements for the aqad to be considered as legally enforceable.

  • Absolutely as any deviation thereafter will cause the breach of contract that renders it to be terminated.

  • Great glad to hear that and hope it will further enlighten you on this subject.

  • Thanks for that.

  • Inshaa allah may Allah ease your path to successful knowledge gathering.

  • Thanks a lot for that brother.

  • Glad to hear that and keep exploring from this platform.

  • Exactly you have made the right decision in using this platform.

  • Absolutely Prof. You will this platform user friendly to meet your objective.

  • Sure do and believe that you have made the right decision in using this route.

  • I believe that you're on the right track in using this platform.

  • Believe you're on track by using this platform.

  • Not exactly. It's Morehead State University, Kentucky USA

  • Inshaaállah god will show you the way from this platform as eye opener on Islamic banking services.

  • Wa alaikummusalaam.