Kafalah based istisna model for registered SME(s) as vendor for corporate segment: Srahiah acquiescence

Simple item page
dc.contributor.authorHassan, Muhammad Hasham
dc.date.accessioned2016-03-31T05:54:43Z
dc.date.available2016-03-31T05:54:43Z
dc.date.issued2015
dc.descriptionSupervisor: Muhammad Mahmood Shah Khanen_US
dc.description.abstractThe study proposes product development under Shariah compliance economic model for Islamic banking sector by conducting the descriptive nature of studies of Istisna financing and Kafalah (supporting contract) base for promoting registered SMEs by Corporate segment’s identification. This study is conducted mainly for identifying that under prevailing practice of Istisna financing product available with the Islamic banking sector; the borrower provides a “Corporate Guarantee” under an independent capacity to an Islamic bank for guaranteeing the credit reputation of the buyers and undertakes for settlement of bank’s liability where the buyer fails to pay the sale price to the bank. Shariah has certain obstacles for Islamic banking for returns over investments. Investments are based on assets under various target market segmentation. Besides all the constructive role of SME sector towards employment creation and national growth of economy is notable. It is effective target market for bank’s earnings, national growth, corporate entities recognition, enterprises development and so on. The research study attempted to introduce a model for indulging the ultimate buyer specified product with Istisna transaction after issuing a work order to registered outsourced vendors (manufacturers) and attach buyer with transaction by issuing a third party corporate guarantee in favor of Islamic Bank. On the other hand supplier i.e. borrower of bank has to issue a “Performance Guarantee” for ensuring the specification according to ordering details in presence of Shart-e-Jazai. An undertaking/ promise by the buyer would secure the transaction for proceeds as per terms and conditions prescribed in the order against supplies of specify items. Thereby effective utilization of available modes of financing would beneficial for SME (s) for availing financial arrangements from banking sector against confirmed cash flows. This research highlights financial resort based on Shariah recognized models Kafalah and Istisna for entertaining small enterprises to avail financial arrangements against specific in hand orders.en_US
dc.identifier.urihttps://escholar.umt.edu.pk/handle/123456789/1653
dc.publisherUNIVERSITY OF MANAGEMENT AND TECHNOLOGYen_US
dc.subjectMS Thesisen_US
dc.subjectKafalahen_US
dc.subjectIstisnaen_US
dc.subjectShariahen_US
dc.titleKafalah based istisna model for registered SME(s) as vendor for corporate segment: Srahiah acquiescenceen_US
dc.typeThesisen_US
Files
Original bundle
Now showing 1 - 2 of 2
Thumbnail Image
Name:
Summary..pdf
Size:
594.32 KB
Format:
Adobe Portable Document Format
Description:
Download
No Thumbnail Available
Name:
For Full text.htm
Size:
22.2 KB
Format:
Hypertext Markup Language
Description:
Download
License bundle
Now showing 1 - 1 of 1
No Thumbnail Available
Name:
license.txt
Size:
1.71 KB
Format:
Item-specific license agreed upon to submission
Description:
Download
Collections