Project Objective:
In this project, students are required to design a report on Murabahah. This report is a Manual of an Islamic Financial Product/Instrument, which explains that how an Islamic Financial Instrument could be used for Riba free financing.
This report is designed for a specific mode of finance "Murabahah", and covers in details the product overview, its comparison with conventional/Riba-based system, contract and case studies.
Contents of the Project
In this project, you must include the following sections:
1) Executive Summary
2) Overview of Islamic financial markets and its regulations.
3) Conceptual framework of Murabahah
4) How Islamic financial System is different from Conventional Financial System
5) Explain the Murabahahcontract through the following case: Buy a Car (with calculation number)?
6) Conclusion
Formatting Requirements
Desired page limit of the project is 15 pages. Make sure to include references.