Finance > Personal FinanaceGuide to Halal Investment Opportunities in UK Posted by islamicwealth in Finance on November 19th DeSean Jackson Jersey , 2014
Islamic finance is such an attractive form of financing for Muslims and non-Muslims alike. Because of its compliance with Sharia Law, it is also one of the most transparent and fair means of handling finance that is based on integrity and adherence to the Islamic code of conduct.
The main principle of Islamic finance is avoiding all haram or harmfulunrighteous activities in all finance transactions. This includes charging interest and other excessive profit-bearing activities. In addition to disallowing interest and profit generation, Islamic financial institutions must also ensure that gharar or ambiguity as well as maysair or gamblingspeculation are minimised in contracts and transactions. Compliance to Sharia law also means you cannot invest in things that involve alcohol, pornography Nelson Agholor Jersey , gambling, and even haram food like pork.
Of all the prohibitions and compliance requirements of Islamic finance, its overarching principle remains to be the prohibition of any and all forms of interest. The model works on the unique basis of risk-sharing, where clients and banks share the risk of investments on the agreed terms and divide the profits between them. There are 5 major categories of Islamic finance Sidney Jones Jersey , including:
Ijara – This category of Islamic finance is a form of leasing agreement where the bank buys an item for you, the customer and then leases it back during a specific course of time. Ijara-wa-Iqtina – This is a similar agreement as Ijara, only that you, the customer Derek Barnett Jersey , are allowed to buy the item when the contract ends. Mudaraba – mudaraba is a specialist investment where you share profits with the bank. While customers do risk losing money when the investment goes south, the bank on the other hand, will not charge handling fees unless the investment turns a profit. Murabaha – Murabaha is a unique form of credit, enabling you to make a purchase without taking out a loan that bears interest. The bank buys the item and sells it to you on a deferred basis. Musharaka – The fifth and last form of Islamic financing is musharaka Carson Wentz Jersey , which is essentially, an investment partnership where profit-sharing terms are settled and agreed upon in advance and losses are attached to the invested amount.
Halal investment opportunities have been around since the 1960s, helping Muslim investors flourish in their investments. The key to managing your Halal investments and making sure that they all comply with Sharia law is to find financial advisors that offer expertise in personal, business Dallas Goedert Jersey , and non-profit Halal investments.
About the Author: This article is written by Brian Adams, who is the director at Islamic Wealth Management. Islamic Wealth Management was established to provide Sharia-compliant financial planning service to Muslim individuals and business owners to maximise prosperity without comprising Islamic principles.
UFC 133: Evans vs. Ortiz is an upcoming mixed martial arts event to be held by the Ultimate Fighting Championship on August 6, 2011 at the Wells Fargo Center in Philadelphia, Pennsylvania.
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This event was expected to feature Light Heavyweight Champion Jon Jones’ first title defense against former Light Heavyweight Champion Rashad Evans. But during his win over Mauricio Rua Cheap Eagles Jerseys , Jones tore a ligament in his right hand, which was expected to keep him sidelined until late 2011. Not willing to wait, Evans accepted a fight against Phil Davis. However, Jones later found out that he would no longer require surgery and now is expected to make his first title defense against Quinton Jackson on September 24 Corey Graham Eagles Jersey , 2011 at UFC 135.
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On July 12, Phil Davis pulled out of his main event bout with Rashad Evans due to a knee injury suffered during training. Tito Ortiz was offered to step in as Davis’ replacement but initially declined. Evans was rumored to face Lyoto Machida, in a rematch of their bout at UFC 98. Machida’s camp verbally accepted the fight. However, when UFC President Dana White called Machida’s camp again to confirm the fight Nate Gerry Eagles Jersey , the camp said Machida would fight only if he received higher pay, which White declined In the meanwhile, Tito Ortiz reconsidered the offer and will now replace Davis. Nick Pace was originally slated to take on Michael McDonald at this event, before McDonald was pulled to replace Norifumi Yamamoto for a UFC 130 bout with Chris Cariaso. Ivan Menjivar would later step in to face Pace at this event.
Fight Card Main card Light Heavyweight bout: Rashad Evans vs. Tito Ortiz Middleweight bout: Vitor Belfort vs. Yoshihiro Akiyama Welterweight bout: Dennis Hallman vs. Brian Ebersole Middleweight bout: Jorge Rivera vs. Costantinos Philippou Welterweight bout: vs. Mike Pyle vs. Rory MacDonald Preliminary card Light Heavyweight bout: Matt Hamill vs. Alexander Gustafsson Featherweight bout: Chad Mendes vs. Rani Yahya Preliminary card Bantamweight bout: Ivan Menjivar vs. Nick Pace Welterweight bout: Johny Hendricks vs. Mike Pierce Featherweight bout: Mike Brown vs. Nam Phan Middleweight bout: Rafael Natal vs. Paul Bradley
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RIO DE JANEIRO, Aug. 20 (Xinhua) -- Following are the results of men's 86kg freestyle wrestling at the Rio Olympic Games here on Saturday: