Islamic Finance 5

BUSINESS CONTRACT [AKAD] IN ISLAM & BUSINESS CONTRACT BASED ON AKAD AMANAH & TABARUAT Prepared by: Ms. Siti Nurulhuda

Learning objectives (Chapter 6) ,[object Object],[object Object],[object Object]

Learning Objectives (Chapter 6 Con’t…) ,[object Object],[object Object],[object Object],[object Object]

Introduction ,[object Object],[object Object],[object Object],[object Object]

SALES AKAD [AKAD CONTRACT] ,[object Object],[object Object],[object Object],[object Object]

SALES AKAD (AKAD CONTRACT Con’t…) ,[object Object],[object Object]

Commandments in Contract of Sale’s Sighah Price Goods Buyer Seller 5 Commandments

Sales Terms ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Sales Terms (Con’t…) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Contract Ceremony (Majlis al-Aqdu) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Types of Contract ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Types of Contract (con’t…) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Types of Contract (con’t…) ,[object Object],[object Object],[object Object],[object Object],[object Object]

Khiyar (Option) in Contract ,[object Object],[object Object]

Principle of Khiyar (Option) ,[object Object]

Types of Khiyar ,[object Object],[object Object],[object Object]

Types of Khiyar (Con’t…) ,[object Object],[object Object],[object Object],[object Object],[object Object]

Types of Khiyar (Con’t…) ,[object Object],[object Object],[object Object],[object Object]

Types of Khiyar (Con’t…) ,[object Object],[object Object],[object Object]

Types of Khiyar (Con’t…) ,[object Object],[object Object]

Discontinuing the Contract ,[object Object],[object Object],[object Object],[object Object],[object Object]

Discontinuing the Contract (con’t…) ,[object Object],[object Object]

Discontinuing the Contract Through Fasakh ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Learning objectives (Chapter 7) ,[object Object],[object Object],[object Object],[object Object],[object Object]

Procedures based on Aqad Amanah ,[object Object],[object Object],[object Object]

Contract al-Murabahah ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Application Letter of Credit in al-Murabahah Principle in Bank Islam ,[object Object],[object Object],[object Object],[object Object]

Application Letter of Credit in al-Murabahah Principle in Bank Islam (Con’t) ,[object Object],[object Object]

Application Letter of Credit in al-Murabahah Principle in Bank Islam (Con’t) ,[object Object],[object Object],Bank Islam Customer acting as an agent for Bank 1. Purchasing Goods 2. Supplies goods to customer 5. Settles at the Bank’s Selling price on maturity 4. Bank Sells goods on Deferred payment basis 3. Settles the purchase Price on cash basis

Application in al-Murabahah Principle in Bank Rakyat (Tijari Contract Financing) ,[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Procedures based on Akad Tabaruat ,[object Object],[object Object],[object Object]

Procedures based on Akad Tabaruat (Con’t..) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Procedures based on Akad Tabaruat (Con’t..) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Procedures based on Akad Tabaruat (Con’t..) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Procedures based on Akad Tabaruat (Con’t..) ,[object Object],[object Object],[object Object],[object Object]

Procedures based on Akad Tabaruat (Con’t..) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Tutorial Questions ,[object Object],[object Object],[object Object],[object Object]

Tutorial Questions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Tutorial Questions ,[object Object],[object Object],[object Object]

Islamic Finance 5

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Islamic Finance 5