Search
Generic filters
Filter by Categories
Accounting
Banking

Islamic Finance




Kadik


An Arabized term that refers to the improvements a tenant (lessee) makes to a shop or plant from his own funds. The improvements may be immovable like building works or movable like fixed partitions, shelves, machinery, etc.

It also may refer to what a tenant builds on an endowment property (waqf) against no consideration, i.e., as a donation without claiming it from the waqf.



ABC
The last three decades have witnessed the modern rebirth of Islamic finance both in terms of literature and practice. Islamic banks and ...
Watch on Youtube
Remember to read our privacy policy before submission of your comments or any suggestions. Please keep comments relevant, respectful, and as much concise as possible. By commenting you are required to follow our community guidelines.

Comments


    Leave Your Comment

    Your email address will not be published.*