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A 'movable' asset includes money or shares which are used to finance educational, religious or cultural institutions such as madrasahs (Islamic schools) or mosques. [ citation needed ] The madrasahs and mosques themselves are an example of an 'immovable' asset which refers to land or structures open for public use.
These have been called the "real and ideal" modes of Islamic finance [102] as Islam calls for sharing of rewards and losses by all who contribute capital to a commercial enterprise (according to Taqi Usmani [247] and other theoreticians of Islamic finance). "Asset-backed financing", [102] "debt-like instruments" such as mark-up , leasing (ijara ...
The Islamic finance equivalent of a conventional call option (where the buyer has the right but not the obligation to buy in the future at a preset price, and so will make a profit if the price of the underlying asset rises above the preset price) are known as an urbun (down-payment) sale where the buyer has the right to cancel the sale by ...
Another source (investment-and-finance.net) [16] describes Ijarah muntahia bittamleek as being though hibah (gift), where legal title is transferred to the lessee without any more payments, and which according to investment-and-finance.net "is widely used by Islamic banks." [16] or through sales.
An asset may be recognized as long as the reporting entity controls the rights (economic resource) the asset represents. The essential characteristic of control is the ability to benefit from the asset and prevent other entities from doing likewise.
In structured finance, a tranche (French pronunciation:) is one of a number of related securities offered as part of the same transaction. In the financial sense of the word, each bond is a different slice of the deal's risk.
Quantum finance involves applying quantum mechanical approaches to financial theory, providing novel methods and perspectives in the field. [40] Quantum finance is an interdisciplinary field, in which theories and methods developed by quantum physicists and economists are applied to solve financial problems. It represents a branch known as ...
Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastructure, buildings or equipment) and to intangible assets (such as intellectual property, goodwill or financial assets).