Emaan Modaraba: Islamic Finance and the Real Economy

  • Reference: IVEY-9B21N010-E

  • Year: 2020

  • Number of pages: 17

  • Geographic Setting: Pakistan

  • Publication Date: Aug 25, 2021

  • Source: Ivey Business School (Canada)

  • Type of Document: Case

  • Industry Setting: Finance and Insurance

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Description

Emaan Modaraba, a Shariah compliant publicly traded modaraba based in Pakistan, made an investment in shares of Indus Motor Company Limited, a listed company assembling Toyota vehicles, in July 2020 – whose shares were designated to be Shariah Compliant a

Learning Objective

This case provides a brief introduction to the basics of Islamic Finance through the lens of a Pakistani financial institution that uses several Islamic financial arrangements. After working through the case and assignment questions, students will be able

Keywords

Islamic finance Modaraba real economy