The Framework of Islamic Financial Products Based on Various Shariah Principles and Their Classifications

INCEIF The Global University in Muslim finance Kuala Lumpur, Malaysia CIFP The framework of Moslem fiscal products based on various Shariah principles and their potpourris. Semester January, 2012 FASHOLA OLAYINKA NURUDEEN bookman ID: 1100275 Abstract. ALLAH has created worldly concern as a social be by personality. Thus, he needs others whom will deal with him in all matters of his career such as trading and join in swan to benefit each other, individually or collectively. Due to the nix side of man, such as having a soul which unceasingly command him to do bad things, the lawgiver has enacted the law for fiscal proceedings and He has ordained regulations for appetite of man. Therefore, it is necessary for everyone to mystify an adequate knowledge of these monetary laws, their nature and varieties; their essential requirements and conditions; their rule s and juristic effects, etc. This write up seeks to look for the Muslim financial products, their classifications base on the Shariah principles and how they rouse be utilize to the Moslem banking and general financial transactions towards ensuring that the limits and laws of ALLAH are protected.

Objectives of the research. To localise the various Shariah principles in Islamic financial transactions To lay the classifications of the Shariah principles in Islamic financial transactions To hash out the framework of the Shariah principles and its classification in! the design and development of Islamic financial products. To discuss how Shariah principles are applied to ultramodern Islamic banking and finance. name terms of the research * Shariah Principles *Islamic Banking *Islamic pecuniary Products *Ijarah * Musharakah Table of Content 1.0...If you want to get a flagitious essay, order it on our website: OrderCustomPaper.com

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