Running Musharakah Product of Islamic Banks: An Alternative of Running Finance

Islamic banking system is growing day by day. The new era of Islamic banking is very successful as new products are being introduced by Islamic banks to cater the demands of customer under Shariah guidelines, there was demand of a product for working capital as an alternative to the conventional product of running finance. Running Musharakah Product has been introduced as substitute to Running Finance Product. In this paper the concept of Running Finance as well as Running Musharakah is described, the practical steps of running Musharakah are also illustrated to examine the viability of the product.

Müntz Space Embeddings of Schatten-Von Neumann Class

This thesis contains results about the embeddings of M ̈ untz spaces in the Hilbert space scenario and its applications to composition operators on M ̈ untz spaces. In the main, we shall be concerned with the embedding M Λ 2 ⊂ L 2 (μ), where the Hilbert- M ̈ untz space M Λ 2 is the closed linear span of the monomials x λ n in L 2 ([0, 1]) and μ is a finite Borel measure on [0, 1]. After gathering together the mathematical preliminaries required for this work in Chapter 1, we shall use the notion of a sublinear measure introduced by I. Chal- endar, E. Fricain and D. Timotin [8] to investigate the properties of boundedness, compactness and belonging to Schatten-von Neumann ideals of these Hilbert space embeddings. This will be the content of Chapters 2 and 3. In Chapter 4, we give ex- amples of sublinear measures for bounded and compact embeddings with interesting properties. Finally, in Chapter 5 the general embedding theory is applied to initiate the study of composition operators on M Λ 2 .