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islamic finance

Forums › ACCA Forums › ACCA FM Financial Management Forums › islamic finance

  • This topic has 8 replies, 8 voices, and was last updated 2 years ago by mrjonbain.
Viewing 9 posts - 1 through 9 (of 9 total)
  • Author
    Posts
  • May 27, 2014 at 6:45 pm #171231
    emmaacca
    Member
    • Topics: 2
    • Replies: 1
    • ☆

    Do you need to know the spellings etc for the Islamic words? Or do you only need to know what the words mean? Eg would the question only say explain what is meant by murabaha for example? Or could the question say detail all the Islamic finance transactions and what they mean?

    Thanks

    May 27, 2014 at 7:19 pm #171242
    ABDUL
    Participant
    • Topics: 2
    • Replies: 8
    • ☆

    MURABAHA is arabic word .. you can use any spelling for it just like your name ……..
    but it will tested in detail in june 2014 …whole concepts of islamic finance ,,, advantages and disadvantages of modarba and musharka …

    May 28, 2014 at 5:14 pm #171473
    leedsu1fan
    Member
    • Topics: 1
    • Replies: 3
    • ☆

    Hi Emma, that’s exactly what I want to know as well, Anyone out there able to help?

    June 3, 2014 at 11:04 pm #173479
    Ahmed
    Member
    • Topics: 9
    • Replies: 160
    • ☆☆

    That is a really good question. Judging by the past exam questions it always asks a question like explain the concept of Riba (Interest) or like explain the term Mudaraba. But we do need more clarity on this issue!

    July 5, 2014 at 2:12 pm #178204
    Reflektor
    Member
    • Topics: 0
    • Replies: 10
    • ☆

    I think you need to understand the concepts but the actual transliterated Arabic word will be given a brief explanation of the English version in the exam question. This is based on the (admittedly few) exam questions on Islamic finance I’ve seen at F9 and P4.

    July 5, 2014 at 5:00 pm #178212
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54664
    • ☆☆☆☆☆

    Do not worry about the spelling – only the concepts involved.
    The ACCA does not deduct marks for spelling in any exams.

    October 3, 2022 at 4:56 pm #667801
    Alikalimuhammed
    Member
    • Topics: 0
    • Replies: 1
    • ☆

    I want to understand islamic finance well please

    October 4, 2022 at 5:13 am #667820
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2426
    • ☆☆☆☆☆

    Alikalimuhammed, welcome to the Opentuition forums. You will find useful resources on this site related to your question.

    October 4, 2022 at 5:22 am #667821
    mrjonbain
    Moderator
    • Topics: 6
    • Replies: 2426
    • ☆☆☆☆☆

    Alikalimuhammed, you will find lecture videos and notes created by professional accountant and tutor which should be used in conjunction with one another here-

    https://opentuition.com/acca/fm/

    This should be your first port of call.
    If you have any issues or problems understanding anything specifically, you can ask a tutor on the ask the forum. Alternatively, post any questions related to ACCA financial management on a new thread with a suitable title and fellow students will attempt to answer. Anyway, welcome to the site. Hope this answer helps you.

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