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Financial Compensations


This Course discusses sales transactions in Islamic Jurisprudence (Faqih) terms, its meaning, foundations, conditions, methods of termination, liquidation, rules governing the obligations of the contract parties, contractual options and its banking applications, the most important formulas applied in Islamic banks represented by contracts: inaugural, Murabaha (financing), status, fabrication, cashing and receiving money regarding its bases, conditions, types as well as their banking applications. The course also deals with lease terms and conditions of its bases, types and applications of contemporary banking, besides conducting Wakala (Agency Contract) and magistrate with all their banking applications.

Academic Year



Created at 5/14/2014 12:16 PM by Raid Al_mounes
Last modified at 5/14/2014 12:16 PM by Raid Al_mounes