islamic financing in india secura investment management company
TRANSCRIPT
ISLAMICFINANCE
SECURA INVESTMENT MANAGEMENTCOMPANY
WHAT IS ISLAMICFINANCE ?
Method of raising capital based on sharia or Islamic
laws
Collection and payment of interest is completely
prohibited
Whether the payment is fixed or floating
acceptance of riba is sinful
Use of various Islamic finance concepts such as
ijarah, mudharabah and musharakah
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HISTORY OF ISLAMICFINANCE
Islamic economic principles are documented
during middle ages (mid of 7th and 8th century)
Tremendously grown and emerged in 1970’s
Over 400 Islamic financial institutions are present
all over the world
Islamic banking assets have annual growth rate of
26.7%
Islamic banking has innovated increasingly since
2005
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PRINCIPLES OFISLAMIC FINANCE
No interest/ riba
Risk sharing
Prohibition of gambling and speculative trading
Transparency of contract
Use only for economic purpose
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FEATURES OFISLAMIC BANKS
Operates on the basis of profit and loss sharing
No provision to charge extra money for the
defaulters
Promotes risk sharing between investors and
entrepreneur
Compounding calculation is strictly prohibited
Only deals with halal products and services
Capable of greater flexibility and agility in liquidity
management
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MODES OF ISLAMICFINANCE
Ijara
Ijarah-Wal-Iqtina
Istisna
Bai Muajjal
Mudarabah
Musharakah
Bai Salam
Qard Hassan (Good Loan)
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MODES OF ISLAMICFINANCE
MUDARABA
A form of partnership where one party provides
funds while other offers management services
MUSHARAKA
Basis of profit and loss sharing. Profit will be shared
based on agreement.
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MODES OF ISLAMICFINANCE
IJARA
Leasing contract of a known and proposed
usufruct
SALAM
Kind of sale where payment is made on spot of
delivery of the product
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MAIN CHALLENGES
Misconception against Islamic finance
Increased financial inclusiveness
Moving towards equity based financing
Innovating products and services
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WHY SECURASebi registered venture capital investment
management company
India’s first certified shariah complaint real estate
VCF
Secura operates as a shariah complaint investment
during the investment phase
Each investment is being monitored by TASIS (
Shariah certification firm)
Secura does joint venture with reputed
organizations to develop retail, commercial and
residential properties
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CONTACT US
@SecuraIndia
@securaindia
Secura Investment Management (India) Pvt Ltd.28/2275D7 . Fifth Floor .
Empora Gemz NH Thondayad Bypass .Calicut Kerala . India . 673006
+919846991000