Raising redeemable capital through musharakah TFCs : a case of quasi
Joint Authors
Jan, Shafi Allah
Jabin, Zahrah
Banghash, Rumana
Source
Journal of Islamic Business and Management
Issue
Vol. 8, Issue (s) (30 Jun. 2018), pp.293-300, 8 p.
Publisher
Riphah International University Riphah Centre of Islamic Business
Publication Date
2018-06-30
Country of Publication
Pakistan
No. of Pages
8
Main Subjects
Abstract EN
This narrative study depicts the situation of a company whose founding CEO wanted to extricate the company from the interest-based borrowing and deputed its CFO to find a way out through any mode compliant to the Shar¯i‘ah, so to retire its existing debt and also to get further financing through Islamic modes of financing.
The study discusses the scenario and further the reasons and modalities of choosing a mode of financing i.e.
mush¯arakah based Term Finance Certificates (MTFCs).
The study develops a deeper understanding of the transition from interest-based financing to the development of MTFC, as a financing tool and the choice of the specific type of instrument by the company.
American Psychological Association (APA)
Jabin, Zahrah& Jan, Shafi Allah& Banghash, Rumana. 2018. Raising redeemable capital through musharakah TFCs : a case of quasi. Journal of Islamic Business and Management،Vol. 8, no. (s), pp.293-300.
https://search.emarefa.net/detail/BIM-934575
Modern Language Association (MLA)
Jabin, Zahrah…[et al.]. Raising redeemable capital through musharakah TFCs : a case of quasi. Journal of Islamic Business and Management Vol. 8, Special issue (2018), pp.293-300.
https://search.emarefa.net/detail/BIM-934575
American Medical Association (AMA)
Jabin, Zahrah& Jan, Shafi Allah& Banghash, Rumana. Raising redeemable capital through musharakah TFCs : a case of quasi. Journal of Islamic Business and Management. 2018. Vol. 8, no. (s), pp.293-300.
https://search.emarefa.net/detail/BIM-934575
Data Type
Journal Articles
Language
English
Notes
Includes appendices : p. 300
Record ID
BIM-934575