Continuing our series of basic informative articles Eloise Walker and Matthew Rowbotham of the Tax Department of Pinsent Masons LLP provide an introduction to Islamic financing structures
Shari'a (broadly meaning 'the way') is the body of Islamic law religion and ethics which governs the conduct of many of the world's Muslims. Shari'a principles (see 'Shari'a Principles' box) mean that Shari'a-compliant financial transactions are often structured in a very different way from conventional Western products.
Shari'a principles
One general rule in Shari'a is that one party should not be unjustly enriched at the expense of or unfairly exploit another. Some of the other key Shari'a principles which impact on...
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Continuing our series of basic informative articles Eloise Walker and Matthew Rowbotham of the Tax Department of Pinsent Masons LLP provide an introduction to Islamic financing structures
Shari'a (broadly meaning 'the way') is the body of Islamic law religion and ethics which governs the conduct of many of the world's Muslims. Shari'a principles (see 'Shari'a Principles' box) mean that Shari'a-compliant financial transactions are often structured in a very different way from conventional Western products.
Shari'a principles
One general rule in Shari'a is that one party should not be unjustly enriched at the expense of or unfairly exploit another. Some of the other key Shari'a principles which impact on...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
