Describe the fundamentals of islamic ethics in investment

Assignment Help Financial Accounting
Reference no: EM132775828

Problem 1: Explain any four important aspects of an Islamic hire purchase {AITAB) contract.

Problem 2: Discuss any four responsibilities of hirer in an AITAB contract.

Problem 3: As a Muslim business, describe the fundamentals of Islamic ethics in investment.

Reference no: EM132775828

Questions Cloud

How much would this initial investment have grown : If an investor initially deposits £1,000, how much would this initial investment have grown to after two years? Assume that there are 52 weeks in a year.
State any three examples of market manipulation : State four elements that make speculative trading in stocks an outright gambling. State any three examples of market manipulation
What happened when the document had one change : What happened when the document had one change? Discuss two functions of hashing. Why are these functions important and what value can they potentially bring.
What future dividend growth rate would be necessary : Liverpool plc is expected to pay a dividend of £5 at the end of next year (i.e., at t=1). Dividends are annual and are expected to grow at a constant growth
Describe the fundamentals of islamic ethics in investment : Explain any four important aspects of an Islamic hire purchase {AITAB) contract. describe the fundamentals of Islamic ethics in investment.
Describe crime rates between ucr and ncvs : The UCR is the official data collection method for reporting crimes known to the police or to the FBI for inclusion in the official crime stats.
What is the value of the bond at its issuance : Coupon payments are made at the end of each year. The effective annual interest rate is 4%. What is the value of the bond at its issuance
What is the fair value for the share of manchester plc : Assuming that shareholders of Manchester plc. require a rate of return equal to 5% per year, what is the fair value for the share of Manchester plc.?
Explain the use of current technologies : Explain the use of current technologies to both carry out and fight cybercrime. In addition, explain the technological, cultural, and political influences.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Purpose journal entries to account for the foreign currency

Purpose journal entries to account for the foreign currency option, import purchase and firm commitment.

  What is the net income for the sam bakery

Sam's Bakery has sales of $576,000 with costs of $382,000. Interest expense is $15,000 and depreciation is $31,000. The tax rate is 27%. What is the net income?

  Prepare opening journal entry in books of the partnership

Mortgage Payable (400,000) (400,000). The partners will share profits and losses equally. Prepare the opening journal entry in the books of the partnership

  What is the goal of operating segments

What is an operating segment as defined by AASB 8? Who is the chief operating decision maker and how are the reportable segments determined?

  You are a assistant for tyler corporation it is mid-january

you are a assistant for tyler corporation. it is mid-january 2011 and you are helping to prepare the tyler corporations

  What is the total number of common shares issued

What is the total number of common shares issued and outstanding at December 31, 2000? (Show your calculations),Prepare the journal entries required

  What was the companys revenue for the year

During the year, Marilu received additional owner investments of $21,000, recorded expenses of $60,000, and had owner drawings of $4,000. If Marilu's ending owner's equity was $46,000, what was the company's revenue for the year?

  Post the transactions to t accounts for hanshew real estate

Oct. 1 Stockholders invested $35,000 in exchange for common stock of the corporation.Journalize the transactions. Do not provide explanations.

  Do think transfer pricing is useful to firms that operate

Do you think Transfer pricing is useful to firms that operate in the Pacific Island Countries? Justify your response with appropriate examples

  Estimate of the companys net operating income

Maack Corporation's contribution margin ratio is 19% and its fixed monthly expenses are $50,500. If the company's sales for a month are $312,000, what is the best estimate of the company's net operating income? Assume that the fixed monthly expenses ..

  Evidently uses the inventory valuation method

10th Generation Electronics had two transformers in its inventory, one purchased in February for $11,800 and the other acquired in September for $13,300. In December, they sold one of the transformers to Ram Enterprises for $16,400 and reported a gro..

  Explain how tpg ltd. should record million in the accounts

Explain how TPG Ltd. should record $40 million in the accounts for the financial year 2018/2019. You should refer to the Conceptual Framework

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd