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Islamic Equity
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Source: MFG
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Friday, 05 January 2007 |
Tariq Hameed analyses the most popular type of Islamic mortgage, the ‘Diminishing Musharaka’, and explains how it differs from conventional mortgages and its treatment from a tax and regulatory perspective
Since 2003, the government has introduced a number of measures equalising the tax treatment of Islamic mortgages with a view to creating a level playing field for financial institutions and customers. In 2007, secondary legislation bringing certain categories of Islamic mortgages into regulation will come into effect. |
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Last Updated ( Friday, 05 January 2007 )
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Islamic Equity
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Source: Shariabanking.net
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Thursday, 05 October 2006 |
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Linklaters acted for the managers on
the first Islamic exchangeable Sukuk issue, the $750m exchangeable
trust certificates issued by the Malaysian Government’s investment arm,
Khazanah Nasional Berhad. This is the first Sharia’a compliant Sukuk
issue which incorporates the full convertibility features usually seen
in conventional equity-linked transactions. The issue is also the
largest equity-linked instrument in Asia (excluding Japan) this year. |
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Last Updated ( Sunday, 07 January 2007 )
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Islamic Equity
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Source: Shariabanking.net
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Wednesday, 06 September 2006 |
 Islamic Equity Index Dow
Jones Indexes, a leading global index provider, announced the launch of
an Islamic equity index for Pakistan that will be used to launch that
country's first Sharia-compliant index fund. |
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Last Updated ( Saturday, 30 December 2006 )
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Islamic Equity
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Source: Shariabanking.net
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Thursday, 31 August 2006 |
 Scottish Widows Islamic Fund Scottish
Widows Investment Partnership (SWIP) said on Wednesday it has launched
an equity fund suitable for Muslim private investors, part of a trend
of Islamic financial products coming to the market.
The SWIP
Islamic Global Equity Fund will be run by Suhail Arain, global equities
investment director at the Edinburgh-based fund management group.
The
fund will exclude firms that operate in areas such as the production of
alcohol, weapons and financial businesses that breach Islamic
prohibitions on paying or charging interest. |
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Last Updated ( Sunday, 07 January 2007 )
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