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Emaan Modaraba: Islamic Finance and the Real Economy
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Reference: IVEY-9B21N010-E
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Year: 2020
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Number of pages: 17
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Geographic Setting: Pakistan
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Publication Date: Aug 25, 2021
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Source: Ivey Business School (Canada)
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Type of Document: Case
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Industry Setting: Finance and Insurance
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