Kare . Musharakah is an Islamic finance term for a joint enterprise or partnership structure. The key characteristic of a Musharakah arrangement is that the partners share in the profits and losses of the enterprise in proportion to their respective ownership shares. Musharakah can be used to finance a wide range of business ventures, including the … Read more
Impaired credit is a term used to describe a credit file that has been damaged in some way. This can include things like late payments, defaults, bankruptcies or other similar items. Having impaired credit can make it difficult to get approved for new loans or credit cards, and can also lead to higher interest rates … Read more
Model risk occurs in finance when a model used to make financial decisions is inaccurate or does not reflect reality. This can lead to losses for the financial institution or individual investors. Model risk is often hard to identify and can be caused by a number of factors, including incorrect assumptions, data errors, and changes … Read more
