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- The platform enables creating DFA with customized payments, price estimation and circulation.
- The platform users can create their own DFA with custom mechanics.
- Sukuk, often referred to as Islamic bonds. They represent proportionate ownership in tangible assets, projects, or services. Sukuk holders receive a share of the profits generated by the underlying assets. Key Feature: Asset-backed investment tool adhering to Islamic finance principles.
- Murabaha is a cost-plus-profit arrangement where the bank purchases an asset on behalf of the client and then sells it to the client at a markup. This is a common mode of Islamic financing for trade and commodity transactions. Key Feature: Transparent cost structure with the seller's profit explicitly disclosed.
- Mudarabah is a profit-sharing partnership, where one party provides the capital (Rab ul Mal) and another provides the expertise (Mudarib). Profits are shared based on a pre-agreed ratio, but losses are borne by the capital provider. Key Feature: Risk and profit-sharing partnership.
- Musharakah is a form of partnership in Islamic finance where two or more parties collaborate to contribute capital for a business venture. All partners share in the profits or losses based on a pre-agreed ratio. Unlike a conventional loan, Musharakah involves a shared risk and reward mechanism. Key Feature: Joint venture partnership emphasizing shared ownership and responsibility.
- Takaful is an insurance concept that operates on the principles of mutual cooperation and shared responsibility. Participants contribute money into a pool to guarantee each other against loss or damage. In the event of a claim, funds from the pool are utilized to compensate the affected participants. Key Feature: Cooperative risk-sharing model adhering to Islamic principles.