Sukuk bonds offer a Sharia-compliant way for investors to build wealth while following Islamic principles.
Banking & Finance
Stamp duty payment is governed by the stamp duty Act Cap 480 of the Laws of Kenya (the “Act”). It is an act of Parliament that makes provision for the levying and administration of stamp duties.
A warranty is a legally binding commitment forming part of a sales contract that assures the buyer that the property is free from defects.
Kenya’s real estate sector continues to record commendable growth, which is expected to continue in the foreseeable future.
A property vendor is required to properly determine the tax that is applicable on the gain made. It is important to ensure that proper taxes are paid within the required timelines...
A contract of guarantee is an accessory contract by which the surety undertakes to ensure that the principal performs the principal obligations.
On 8th March,2020, the Business Laws (Amendment) Act, 2020 was enacted amending various statutes with the aim of easing business transactions in Kenya.
Financial institutions often require different kinds of collateral or securities in instances where their customers are seeking loans.
The following are the options available to creditors to recover from a defaulting debtor:
In a nut shell, the procedure to be followed in the registration of an Instrument creating a Charge is as follows: