TERMIUM Plus®

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PAYING ENTERPRISE [1 record]

Record 1 2016-05-09

English

Subject field(s)
  • Banking
  • Financial Institutions
CONT

While Islam employs various practices that do not involve charging or paying interest, the Islamic financial system promotes the concept of participation in a transaction backed by real assets, utilising the funds at risk on a profit-and-loss sharing basis.... The concept of profit-and-loss sharing in an enterprise, as a basis of financial transactions is a progressive one as it distinguishes good performance from the bad and the mediocre. This concept therefore encourages better resource management.

French

Domaine(s)
  • Banque
  • Institutions financières
CONT

Le partage de profits et pertes (PPP). Le principe de PPP est unanimement accepté comme la base des transactions contractuelles en finance dans une économie islamique. Selon ce principe, le financier a droit à un revenu sur le prêt qu'il a fourni et est disposé à supporter une perte si le projet échoue.

Spanish

Campo(s) temático(s)
  • Operaciones bancarias
  • Instituciones financieras
CONT

[...] el modus operandi de las finanzas islámicas se basa en tres pilares: el establecimiento de acuerdos de reparto de ganancias y pérdidas, la existencia de un activo real que respalde la operación y no considerar inversiones relacionadas con lo prohibido (haram).

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