Case study - islamic banking and finance

Assignment Help Other Subject
Reference no: EM13533750

Case Study - Islamic Banking and Finance

GULF PHARMACEUTICAL INDUSTRIES P.S.C.

Gulf Pharmaceutical Industries is a public shareholding company the Company" domiciled in Digdaga - Ras Al Khaimah. It was incorporated by the Emiri decree No.5/80 issued by H.H. The Ruler of the Emirate of Ras Al Khaimah and its dependencies on March 30. 1980 and the Emiri decree No.9/80 on May 4, 1980.

The Group comprises Gulf Pharmaceutical Industries (Public Shareholding Company) and its subsidiaries. The Company's ordinary shares are listed on the Abu Dhabi Securities Exchange.

The main activities of the Group are manufacturing and selling of medicines, drugs and various other types of pharmaceutical and medical compounds in addition to cosmetic compounds. The Company commenced its commercial activities effective from November 1984.

After looking at the "GULF PHARMACEUTICAL INDUSTRIES" financial results for the year ended 31 December 2013, "AL-Taqwa" Islamic investment fund manager thinks about buying some stocks of this company from the financial market.

Your group is assigned to write a report that covers the following:

1- Explanation of the AA10F1 mandates, which is applied for selecting Shariah-compliant stocks for Islamic fund investment

2- Analysis of "GULF PHARMACELTITCAL INDUSTRIES Company" financial Report 2013 (attached) based on the AAIOFI Shariah Mandate.

3- Advise to "AL-Taqwa" Islamic investment fund manager whether to purchase of "GULF PHARMACEUTICAL INDUSTRIES Company" stocks or not

4- Table shows if "GULF PHARMACEUTICAL LNDUSTRIES Company" is listed in any of Islamic Indices.

Verified Expert

Reference no: EM13533750

Questions Cloud

Calculate the mass of the smaller star : Two stars in a binary system orbit around their center of mass. The centers of the two stars are 7.11x10^11 m apart. What is the mass of the smaller star
Find the velocity of the sled and person : A 61.5-kg person, running horizontally with a velocity of +3.99 m/s, jumps onto a 16.2-kg sled that is initially at rest. Ignoring the effects of friction during the collision, find the velocity of the sled and person as they move away
Obtain the velocity of second ball just after it is struck : A cue ball (mass = 0.165 kg) is at rest on a frictionless pool table. The ball is hit dead center by a pool stick, which applies an impulse of +1.61 N·s to the ball. Find the velocity of the second ball just after it is struck
Explain aqueous solution of a soluble palladium : If a nail made of elemental iron [Fe(s)] is placed in an aqueous solution of a soluble palladium (II) salt [Pd2+(aq)], the nail will gradually disappear as the iron enters the solution as Fe3+ (aq) and palladium metal [Pd (s)] forms.
Case study - islamic banking and finance : Select Shariah-compliant stocks for Islamic fund investment - Analysis of "GULF PHARMACELTITCAL INDUSTRIES Company"
The closer together two genes are on a chromosome : The closer together two genes are on a chromosome,
Obtain the magnitude of the impulse applied to golf ball : A golf ball strikes a hard, smooth floor at an angle of 29.0 ° and, as the drawing shows, rebounds at the same angle. What is the magnitude of the impulse applied to the golf ball by the floor
Explain the net ionic equation for a solution of calcium : What is the net ionic equation for a solution of calcium chloride and a solution of mercury (I) nitrate
Compute the magnitude of the average force exerted on water : A stream of water strikes a stationary turbine blade horizontally, as the drawing illustrates. Find the magnitude of the average force exerted on the water by the blade

Reviews

Write a Review

Other Subject Questions & Answers

  Educational goals and instructional methods

How do the educational goals and instructional methods for children with low vision differ from those from children who are blind?

  Suppose that the fabulous hotel hires you as head chef

the paper must be four to five pages excluding title page and reference pages following apa format.address all of the

  Describe two milestones in that age group for each area of

after navigating the zero to three website early experiences matter behavior amp development select an age range from

  Commonalities among religions of world

What do the world religions have in common? Cite specific examples from each of the religions studied in this course. Are there any stark differences or striking similarities you wish to point out?

  Theory that our choices determine our nature

Sartre accepts the idea that , that is, the theory that our choices determine our nature.

  Would large-scale governance surveillance have consequences

Why We Should Learn to Stop Worrying and Love (Some) Government Surveillance", James Stacey Taylor argues for the optimistic conclusion that, large-scale governance surveillance would have many positive consequences.

  Sky-oriented architecture

Sky-oriented architecture may do all of the following, except:

  Define the genre of science fiction

Our objective is to define the genre of science fiction this week. Use a work you have read or a movie/tv episode you have seen as an example. What characteristics of the story make it science fiction? How does such a story relate to real life?

  Examples of hexagonal-body centered-face centered

Please do examples of hexagonal, body centered, face centered, rhombohedral, and orthorhombic packing efficiencies with the unit cell. I get the volume of spheres, etc, but a step by step with full description and maybe varying grain/atom size would ..

  How successful the comparative asian empires

Comparing how successful the comparative Asian empires were in administering government when absent from local areas. The above information should help you put this together. What approaches were most successful.

  Define and discuss the robin hood school finance reform

topic issues facing independent school districts in texasprompt define and discuss the robin hood school finance reform

  Which theoretical model is explained as the easiest of the

which theoretical model is described as the easiest of the three models to explain and understand? what is its primary

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd