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Istisna Explained and uses – Islamic Finance concepts series
Introduction Istisna’ is a sale transaction where an item is transacted before it comes into existence. It is an order to a manufacturer/contractor to manufacture/construct a specific item or asset for the purchaser (borrower). The manufacturer/contractor uses his own material to manufacture the required goods. In Istisna’, price must be fixed with the consent of all parties […]
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Islamic Finance series – Mudharaba
What is Mudharaba? A partnership of those people who have funds and those who have skills like scientific, managerial, technical or professional skills. Principles are similar manner to hedge funds managers and investors. Mudarabah financing is a kind of partnership where one partner contributes money (i.e. the financier) to another (entrepreneur, who contributes his expertise, […]
Positives for Business in the UK Growth plan Mini Budget 2022 (a number of these measures have been reversed)
Corporation tax rate to remain at 19%. This is a reversal of the increase to 25% from 6th April 2023. (Update the rate remains at 25%) A reward to businesses which create jobs and goods and services. This is the lowest in the G7 and among the most competitive non-tax haven rates. Shareholders who get […]
Everest Financial Website Launch
Everest Financial Website Launch Everest Financial are proud to announce that we have launched our official website! Based in Birmingham, England, we are finance brokers and our mission is to help arrange funding for property developers, landlords, accountants, business owners are more. We are regulated by the Financial Conduct Authority and are members of the […]
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Hello World Welcome to WordPress. This is your first post. Edit or delete it, then start writing! More Blog Posts Everest Financial Website Launch Everest Financial Website Launch Everest Financial are proud to announce that we have launched our official website! Based in Birmingham, England, we are finance brokers… September 26, 2022 Hello world! Welcome […]