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Presentation Isfn
Presentation Isfn
DIB
USES MUDARABAH
- DUBAI ISLAMIC BANK (DIB)
- EMIRATES NBD BANK
EXAMPLE IN
DUBAI
CONDITION MASHREQ BANK
PROFIT & LOSS DUBAI ISLAMIC
AGREED IN BANKK (HOME
BUSINESS FINANCING)
JOINT ADVANCE
VENTURE, CAPITAL
ARABIC PARTNERSHIP CONTRIBUTE BY
SHARING ALL PARTNERS
EACH PARTNER
HAS RIGHT
Literally :
Arabic word Ribh-profit
Technically :
Contract of sales in which commodities is sale incost plus
profit basis
Products :
Car,home furniture,land and many more
Example of bankS :
Dubai Islamic Bank-al-Islami Car Finance (financing car)
Noor Bank
Not just collateralized debt, tied to the
specific assets
The international leader in Sukuk
DUBAI management
ISLAMIC Covering assets from aircraft to property
BANK
SUKUK
In financing context :
Sales contract where seller agrees to deliver on
asset at the determined time with an agreed price
from both sides
- MASHREQ BANK
- COMMERCIAL BANK OF
PRIVATELY
FUNDED DUBAI
- EMIRATES ISLAMIC
BANK
NOOR BANK
JULY 2016
RECEIVES TIER 1 SUKUK ISSUANCE
EMIRATES NBD
NOV 2016
BANKING AND FINANCE COMPANY OF THE YEAR