Examlex
Wealth in Islam is considered an end rather than a means to an end.
Lease Liability
An obligation representing the present value of future lease payments that a lessee is committed to pay over the lease term.
Mortgage Notes Payable
A legal document indicating the amount of a mortgage loan and the terms under which it is to be repaid.
Contractual Interest Rate
The agreed-upon interest rate specified in a loan or bond contract, which the borrower must pay to the lender.
Market Interest Rate
The prevailing rate of interest determined by supply and demand in the financial markets.
Q7: Islam establishes the need to lawfully acquire
Q22: Contracts can be classified in accordance to
Q33: Muslim scholars have classified Shari'ah contract of
Q36: Muslim jurists are unanimous on the permissibility
Q52: Dividend payments are used to change the
Q53: The American Accounting Association defines accounting to
Q63: The IFSB issued its guidelines with regards
Q64: Riba is forbidden in Islam due to
Q78: What should be disclosed in a 'cash
Q90: In diminishing musharakah, the bank is not