Islamic Finance Math: Murabaha, Ijara, Musharaka & Sukuk
Calculate how murabaha, ijara, diminishing musharaka, mudaraba, sukuk, takaful and zakat work in numbers, and compare offers by their effective annual cost, every cell checked live.
The first lesson is free — no account needed.
About this course
An Islamic finance course that shows how the main contracts work in numbers, on one fictional wholesaler's deals. You price a murabaha cost-plus sale, split it into 24 instalments and find its implied annual rate, build an ijara rental schedule for a leased van, model a diminishing musharaka home purchase as the bank's share falls, split mudaraba and musharaka results by their profit ratios, including a loss, work out the distributions, current yield and annualised return of a sukuk with RATE, run a year of a takaful fund with its wakala fee and surplus, calculate zakat on business assets at the commonly used 2.5% and compare financing offers by their effective annual cost. Educational calculations with fictional figures, not a religious ruling and not financial advice. The first lab is free.
Lessons
- Murabaha: Cost-Plus Sale, Instalments & the Implied RateFree
- Ijara: Lease Rentals, the Rental Schedule & Asset Return Pro
- Diminishing Musharaka: Buying Out the Bank's Share of a Home Pro
- Mudaraba & Musharaka: Profit Ratios and Who Bears a Loss Pro
- Sukuk: Periodic Distributions, Price & Return with RATE Pro
- Takaful: Contributions, the Wakala Fee & Surplus Distribution Pro
- Zakat on Business Assets: Zakatable Base, Nisab & 2.5 % Pro
- Comparing Financing Offers by Effective Annual Cost: RATE & EFFECT Pro