Integrating Waqf and Financial Sector by Habib Ahmed
Integrating Waqf and Financial Sector by Habib Ahmed
Integrating Waqf and Financial Sector by Habib Ahmed
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W-MFI: Special features of<br />
Balance Sheet (2)<br />
Assets<br />
<br />
Allocation into fixed income assets <strong>and</strong><br />
microfinancing activities<br />
Fixed-income assets<br />
Provides a cushion against expected losses<br />
Financing<br />
<br />
<br />
<br />
Qard (loan at service charges)<br />
Sale based <strong>and</strong> hiring modes (murabahah,<br />
salam, ijarah)<br />
Profit-sharing modes (Musharakah <strong>and</strong><br />
mudarabah)<br />
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