Definition, Example, and Financing Under Islamic Law

What Is Murabaha? Murabaha, also referred to as cost-plus financing, is an Islamic financing structure in which the seller and buyer agree to the cost and markup of an asset. The markup takes place of interest, which is illegal in Islamic law. As such, murabaha is not an interest-bearing loan (qardh ribawi) but is an acceptable form of credit sale …

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Top 10 photos that prove that Brittany is a region like no other

Haters love to say that Brittany is the worst region in France, but we know that they are just jealous of the temperate climate and the excess butter. It is true that, just like Corsica, Brittany is a region a little apart and we have images that prove it. 1. It’s completely normal, of course. 2. In Brittany, there is …

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Net Debt-to-EBITDA Ratio: Definition, Formula, and Example

What Is the Net Debt-to-EBITDA Ratio? The net debt-to-EBITDA (earnings before interest depreciation and amortization) ratio is a measurement of leverage, calculated as a company’s interest-bearing liabilities minus cash or cash equivalents, divided by its EBITDA. The net debt-to-EBITDA ratio is a debt ratio that shows how many years it would take for a company to pay back its debt …

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Top 10 Anime Heroes Who Achieved Their Goal

Many cartoons rely on a simple principle to drag out the seasons: the hero has a strong goal that he fails to accomplish. As a result, we watch dozens – even hundreds – of episodes just to see him win one day. And sometimes it happens that in the end, FINALLY, the hero manages to achieve his goal. A moment …

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What is the Federal Reserve Board’s market risk capital rule?

The Federal Reserve Board’s market risk capital rule (MRR) sets forth the capital requirements for banking organizations with substantial trading activities. The MRR rule requires banks to adjust their capital requirements based on the market risks of their trading positions. The rule applies to banks worldwide with total trading activity of more than 10% of total assets or banks with assets …

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A+/A1

What Is A+/A1? A+ /A1 refers to two ratings issued to long-term bonds and bond issuers by the competing credit rating agencies Standard & Poor’s (S&P) and Moody’s respectively. S&P uses A+, and Moody’s uses A1, but both indicate pretty much the same thing. Both A+ and A1 sit squarely in the middle of the investment-grade category of their credit …

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Top 15 people to always be wary of, those who are a little too dodgy

Much like red flags and other signs that you should not date this person, there are certain clues that you may need to distance yourself from certain individuals. After summoning a team of scientists highly equipped with scientific devices (like thermometers and bunsen burners), we compiled a list of all the suspicious behaviors that deserve your attention. Because we never …

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What Are Bond Ratings? Definition, Effect on Pricing and Agencies

What is a Bond Rating? A bond rating is a way to measure the creditworthiness of a bond, which corresponds to the cost of borrowing for an issuer. These ratings typically assign a letter grade to bonds that indicates their credit quality. Private independent rating services such as Standard & Poor’s, Moody’s Investors Serviceand Fitch Ratings Inc. evaluate a bond …

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