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TAIB
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Maqasid : The purpose or ultimate wisdom behind a law or legal ruling
Mujtahid : A jurist who expends great effort in deriving a legal opinion or interpreting sources of the law.
Murabahah : sale on mutually agreed profit, mark up or Cost plus financing
ANNUITY : A life insurance product that pays periodic income benefits for a specific period of time or over the course of the annuitant’s lifetime. There are two basic types: deferred and immediate.
Musharakah : The literal meaning is sharing, an investment partnership with profit-loss-sharing implications.
Real Asset : Physical or tangible or identifiable assets such as gold, land, equipment, patents, etc. Opposite of a financial asset
Retakaful : Reinsurance based on Islamic principles
Ribh : Root of murabaha Cost plus Profit, and it means profit
Salam : A forward sale where the full price of the goods is paid in advance at the time of contract
Sarf : Currency exchange.
TAIB
Across:2. | Physical or tangible or identifiable assets such as gold, land, equipment, patents, etc. Opposite of a financial asset | 4. | The literal meaning is sharing, an investment partnership with profit-loss-sharing implications. | 7. | sale on mutually agreed profit, mark up or Cost plus financing | 8. | A jurist who expends great effort in deriving a legal opinion or interpreting sources of the law. |
| | Down:1. | Reinsurance based on Islamic principles | 2. | Root of murabaha Cost plus Profit, and it means profit | 3. | A life insurance product that pays periodic income benefits for a specific period of time or over the course of the annuitant’s lifetime. There are two basic types: deferred and immediate. | 5. | A forward sale where the full price of the goods is paid in advance at the time of contract | 6. | Currency exchange. | 7. | The purpose or ultimate wisdom behind a law or legal ruling |
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© 2013
PuzzleFast.com, Noncommercial Use Only
TAIB
Across:2. | Physical or tangible or identifiable assets such as gold, land, equipment, patents, etc. Opposite of a financial asset | 4. | The literal meaning is sharing, an investment partnership with profit-loss-sharing implications. | 7. | sale on mutually agreed profit, mark up or Cost plus financing | 8. | A jurist who expends great effort in deriving a legal opinion or interpreting sources of the law. |
| | Down:1. | Reinsurance based on Islamic principles | 2. | Root of murabaha Cost plus Profit, and it means profit | 3. | A life insurance product that pays periodic income benefits for a specific period of time or over the course of the annuitant’s lifetime. There are two basic types: deferred and immediate. | 5. | A forward sale where the full price of the goods is paid in advance at the time of contract | 6. | Currency exchange. | 7. | The purpose or ultimate wisdom behind a law or legal ruling |
| |
© 2013
PuzzleFast.com, Noncommercial Use Only