MUSHARAKAH
An Islamic principle that refers to a joint enterprise or partnership structure with gain or loss sharing implications that is utilized, instead of interest-bearing loans. Each party involved is allowed to take part in the profits and risks. Instead of charging the interest as a creditor of the loan, the financier will attain a return in the form of a section of the actual profits earned, based on a preset ratio. Unlike a conventional creditor, the financial will also suffer any losses made in the business.
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Mature Economy
An economic situation where the birth rate is stable or lower than mortality rate, as well as the pace of economic growth has slowed down. It is ch ...
Blackberry Addiction
Colloquial term for overreliance or overuse of Blackberry. The smartphone is manufactured by Research in Motion. It is a prevailing condition for s ...
Completed Contract Method - CCM
Accounting method allowing a taxpayer or business to defer reporting of income and expenses until the contract has been completed. Frequently, this ...
Choice Market
Market in which the spread between the bid and ask prices for a particular financial instrument is zero. Meaning the instrument can be purchased fo ...
Rational Pricing
A theory that states the prices that reflect a security’s fundamental value and the absence of arbitrage opportunities.
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