Académique Documents
Professionnel Documents
Culture Documents
Accounting for
Investment
Presented by:
Siti NoorHani Bt Hazli
2015282728
Siti Nur Najhwa Bt Mohamad
2015833942
Nur Hazirah Bt Mat Rahi
2015282714
Salman Ismail
2015859402
Mohamad Shahrul Amirul Md Zaini @ Rabai 2015826796
SUKUK
SUKUK
- Definition of sukuk - Islamic bonds. It is to generate
returns to investors without infringing Islamic law
(that prohibits riba or interest). Sukuk represents
undivided shares in the ownership of tangible assets
relating to particular projects or special investment
activity.
- Sukuk can be structured based on the principles of
contracts of exchange (e.g., ijarah, murabahah,
istisna) and contracts of participation (e.g.,
musharakah and mudarabah).
2.
4.
Shares
Key Concept
Delivery
The legal transfer and receipt of ownership rights.
Settlement
The date by which an executed security trade must be
settled.
Margin
Borrowed margin used to purchase securities. The
practice is referred to as buying on margin.
Initial margin
The percentage of the purchase price of securities that
the investor must pay for with with his/her own cash or
marginable securities.
Maintenance margin
The minimum amount of equity that must be maintained in a
margin account.
Collateral
Properties or assets that are offered to secure a loan or other
credit.
Collateral becomes subject to seizure on default.
Hypothecation
When a person pledges a mortgage as collateral for a loan, it
refers to the right that a banker has to liquidate goods if he
fails to service a loan.
Margin call
A brokers demand on an investor using margin to deposit
additional money or securities so that the margin account is
brought up to the minimum maintenance margin.
Murabahah ( Considerations )
Delay in payments
Penalties of fixed amount
donated to charities
Devaluation of collateral
Customer to deposited additional amount to ensure
minimum pledged collateral value
Default
Collateral liquidated by bank
Amount remaining after covering liabilities to bank is
returned to customer