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A New Perspective of Benevolent Loan, QARD Al-Hassan, Using upfront payment ‘Mesbah Point’

کلیدواژه: benevolent loan ؛ Islamic finance ؛ mesbah finance ؛ Microfinance ؛ Qard al-hasan

نویسندگان: A. Izadyar ؛ Feroza Ragnath

ناشر: Journal of Economic & Financial Studies

Bound by religious or moral beliefs of the participants, benevolent loan, Qard al-hasan, is an interest free loan in which only the return of the capital is required during the term of the loan. Lack of institutional investor participation, as well as high administrative fees, are some of the major ... ادامه

سال:2014

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The Islamic credit card as an electronic payment method: the technical trick in the installment payment contract as a financial product

کلیدواژه: Credit card ؛ Electronic payment method ؛ Installment payment contract ؛ Islamic financial system ؛ Islamic Law ؛ Jordan ؛ Murabaha

نویسندگان: Alhusban, Ahmad Abed Alla ؛ Massadeh, Ali Abdel Mahdi ؛ Haloush, Haitham

ناشر: IJLMA (International Journal of Law and Management)

This study aims to examine the validity of the installment payment contract when using the first Islamic credit card (ICC) in Jordan and will explore the hidden techniques that are used to operate such a financial product. The purpose of the study will be achieved by examining the structure and the ... ادامه

سال:2021

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Incorporating the Two Functions of Portfolio Management and payment Services in the Banking System and Presenting a Favorable Model from the Islamic Banking Perspective

کلیدواژه: Portfolio Management,Payment Services Provision,Fractional Reserve System,100% Reserve System,Islamic Banking

نویسندگان: Jamour Mohammad, NADRI KAMRAN, SHABANI AHMAD

ناشر: جستارهای اقتصادی با رویکرد اسلامی - Journal of Economic Essays; an Islamic Approach

In the current fractional reserve banking system, the two functions of portfolio management and payment services are incorporated simultaneously. The portfolio management refers to the bank's function in absorbing and allocating funds. The function of payment services also refers to the use of bank ... ادامه

سال:2022

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