Explain the AAIOFI Shariah mandates and extraction of the data from the financial statements of Gulf Pharmaceutical Industries P.S.C (GPI) as per the mandates.
Group #2
GULF PHARMACEUTICAL INDUSTRIES P.S.C.
Instructions:
This is a group project and you need to choose 5 group members INCLUDING YOU.
The name and number of your group project, and names of your group are mentioned above.
The project will consider both the individual and group participation and therefore the concluding grade for each of group members within the project might differ (refer to the class discussion).
While solving the project, you can seek clarification from your instructor about the questions.
After completing the project please upload it to the Final Project section of your BB.
The format of your report should be focusing on the points in Instruction # 7.
The project has SIX parts:
Explanation of the AAIOFI Shariah mandates and extraction of the data from the financial statements of Gulf Pharmaceutical Industries P.S.C (GPI) as per the mandates. (Max. Marks: 20)
Data Analysis of GPI using the extracted data from the financial statements and based on AAIOFI Shariah mandates (Max. Marks: 30)
Make a conclusion of your analysis whether GPI stock is investable under AAIOFI Shariah mandates. (Max. Marks: 10)
Based on the your results in Part (2) and (3), give your advice to Al-Taqwa Islamic fund manager whether to take an exposure into the stocks of GPI. (Max. Marks: 5)
A table showing whether GPI is listed in any of Islamic Indices. (Max. Marks: 5)
Presentation will focus on he points mentioned in the table at the last page of this document. (Max. Marks: 30)






