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A unit trust is a form of collective investment constituted under a trust deed. A unit trust pools investors' money into a single fund, which is managed by a fund manager. Unit trusts offer access to a wide range of investments, and depending on the trust, it may invest in securities such as shares, bonds, gilts, [1] and also properties, mortgage and cash equivalents
Because demand deposits pay little if any return and Qard al-hasana (mentioned above) loans are forbidden to pay any "stipulated benefit", the Qard mode is a popular Islamic finance structure for demand deposits. In this design, customer deposits constitute "loans" and the Islamic bank a "borrower" who guarantees full return of the "lenders ...
(The Jordan Islamic Bank uses Amanah (trust) mode for current accounts/demand deposits, the bank may only use the funds in the account at its "own risk and responsibility" and after receiving permission of the account owner.) [184] Sources disagree over the definition of these two contracts.
Bond trusts pay monthly income, often in relatively consistent amounts, until the first bond in the trust is called or matures. When this occurs, the funds from the redemption are distributed to the clients via a pro-rata return of principal. The trust then continues paying the new monthly income amount until the next bond is redeemed.
When the sukuk matured the trust assets are bought back from the SPV and the sukuk holders got their principal back. If some "dissolution event" (e.g. destruction of the leased property) had interrupted the payment of rent this would have prompted "the continuation of payments in the form of repurchase price".
You are pressured to provide money or informationYou're asked for payments through unusual methods or channelsYou are offered a deal that sounds too good to be true Close call between passenger ...
In corporate finance, a debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term "debenture" originally referred to a document that either creates a debt or acknowledges it, but in some countries the term is now used interchangeably with bond, loan stock or note.
Whether he's a fly fisher, bank fisher, kayak fisher, or boat fisher, there are a few things he'll bring every time he goes out: a rod, a reel, line, and lures.