In fulfillment of requirement BWFS2083 Islamic Financial Markets, Instrument and Institutions.
Assalamualaikum my name is inertia gravity zombie metric number two five nine zero one four thanks i will continue super definition and concept first of all super refer to an islamic investment certificate which allow investor to have pride of ownership of the essay including the cash flow and the risk associated with such ownership super refer list
Diversification of investor for their portfolio so called rsi be credible and shall are compatible trust certificate sukho is plural and sun is singular main legal instrument and check and is the arabic name for the financial certificate islamic debt instrument and can be referred to as securities lloyd pepper are certificate with futures of liquidity and
Tradability son is believed to the sources of the european check and id refer to any certificate representing a contract or airplanes a financial obligation or money transaction that is sherry are compliance the origin of support can be traced to the middle age whereby suku were largely used by muslim as a pepper representing financial obligation origin
Originating from tree and other commercial activities net we go to the sharia qaeda non-deaf annecy as we know in islamic finance authorizations must comply with ashari our co-pilot as for suku there are no exceptions because so who is one of the islamic financial instrument in islamic finance there are several guidance for the sukkot which is the
Sf vincent must be real and not imaginary or national the seller must own and post the good being sold all these the procession must be to noon trade transaction with full intention of giving and taking the physical goods definition should be through real sales or list of the asset but not through dry-cleaning the fun race russo cook should be used for
Productive investment that way contribute to the economy development and the fund raise should not be used for wasteful consumption or unproductive speculation in the capital market okay next i will precipitation our ruling on sukho issuance and trading this righteous our support should be consistently approved sharing our vedic principles and concepts
Set out in bilka line as well as any idle shy unruly principles and concepts and those by the ssd from time to time when the strategies are super does not comply with the ruling of the ssc we obtain trial to any solutions of information and documents for approval under this guideline next there are five generation a delay applicable to sukkot the first
One is naming of sukkot the name also taught us not lately it must be based on where the super are subject by using a sharing of principle the name of chapeau must be according to the names of these ways are simple is sigmaj also known as super investment or this on any are the according to the principles and laws by they as is second is requirements of
Identified asset ranches our investment in relation to super is a super murovanka to put this business and support each other and si are subject to comply with our requirement if they’ll identify a site is subject to any and congress art is jointly owned with another practice for you obtain from the charge or joint onion and whether identified i said is
In the form of visible it must be mystical and transact it on spot either in the form of cash or committees next a surprising appointment the purchase price of the identified asset under suitable issuing structure based on any shia principle must not exist 1.5 1 times of the fair value of the asset or any other appropriate value of the shares aside finally
Early production charge and this suit kimura baja should leave our super is this done there is support holder may we post early settlement charge pursuant to an early redemption up tutor and earning profit amount within the different sales price are subject to virtual equipment and they’re super open abril defined as a relief of right release of right there
Or amount due and payable under contract the umbra clause in the agreement for an early redemption will be stated and a mode of payment option the are we define as composition which means it’s permissible for the issue that you need payment to compensate back end and payable duties of 400 next is a koala or boring teeth the practicality bicycle issue with
An intellectual family people you cost according to the islamic law donna zoo means we will offer a partner or super although me with his right on the perfect family rising from the musharraf adventure-filled arroba venting or what an arrangement net is the sharia rulings applicable for specific types of support which is fukui chara sukkot mushara and
Tupac mother agha firstly is called suku ichiro which is the owner joining or in some part of the answer and the topic which has been transferred to the third party and it will also relate with the rate of these and this period which is the period that has been read and then the usage of the need as a sub needs of that little party mr. panisse i said to
Third party by the owner and lucky is the maintenance of the least assess the musharraf car support which is the mission of mexico is a partnership arrangement that showed the enter between the investor to finance the visual of a venture of construction of the project and it relate with the capital partner profit and loss and also the management of an s is
The super moon arava which is will also involve 50 capital koala taro their profit and loss and the management of the robot sukkot structure common circle classification arbors under underlying sharia contract it is conclude d ba ba ba ha salam is busines each era musharraf cough the barossa and oslo mccullough this contract are not only for supermarket but
Also can utilize in islamic banking asset management and my market in structuring the circle the applicable showing our principle select that will be depend on the suitability of the features of a support by offshore contract chosen by and issuers been unaffected such an economic objective of textual the ability of sf and the level of that the company has
Some time the sukkot classification does not necessarily need to be tied to the type of the contract the classification of support based on the commercial function which is corporate sovereign cippolini temple a setback project financing the irs beat have categorized support from different perspectives based under predictability of gallup x 6.5 rating of
Sue cook in order to very difficult malaysia provide two main agencies that specialize in rating suku which is rating agency mission we hide our a.m. and leisure rating corporation bahut ma rc rating agency malaysia berhad our am problems was established in november 1990 as a catalyst for the domestic debt capital market and destination for spread a rating
Agency our am act as a provider of independent credit rating research training with analysis bond pricing and credit information they also provide independent credit opinion on ventures listed on a multi bank where this platform known as the investment account platform iat we are headed by six major islamic bank initial the iep is a strategy initiative
Of the islamic finance industry while malaysia rating corporation bahut farc is an established rating agency that raped issue of islamic born and introjection related with supermarket the inception of march it created its own sorry an advisory panel to advise on sharia aspect of islamic financial instrument as well as to review and endorsed new variation
To islamic regime product and definition much also assigned islamic bond rating on long term and short term breaking skills the skills range from triple a to d for a long term rating with the maturity of more than one year and from much first to much d for a short term rating maturity not more than one year the analytical framework for ithaca summit one
Is broadly similar to that used in rating conventional bond as they do not assess how our compliance status since sorry our compliance is satisfied before rating is done this writing specifically assess the likelihood of full and timely payment of obligation to holder of the instrument issued under the various tech based islamic financing contract the
Criteria used by rating agency to rec companies includes structure issues as a forgiving repayment schedule and def types business risk analysis financial service analysis management ownership and etc you
Transcribed from video
Sukuk (Islamic Debt Financing) By Feishal Kamil
