Assessing Mortgage Performance
Project ID: 1260200022
Project Details
  • Status:
    Closed (Cancelled)
  • Posted:
    12/7/2009 at 10:33 EST
  • Cancelled:
    12/29/2009 at 0:28 EST
  • Project Creator:
    (No Feedback Yet)
  • Budget:
    $40-50
  • Description:
    Hi the topic is Assessing Mortgage Performance under Islamic Financing:Evidence from UK and UAE (2003-2008)
    You only have to do the analysis for one of the parts. i will give you detail of that part which are given below you have to analyse Islamic mortgage as compared to conventional English Mortgage with the help of this formula regression, NPV. Make the tables graphs and then analyse the differences and common features. No of words should be round 6000 words. i need it ASAP



    the quantitative methodology. The data collected from relative institutions/departments (such as stock exchange, HM Treasury and from the annual reports of the financial institutions) will be interpreted to evaluate the performance and trends of the industry. Main part of my approach will be to test, using regression analysis with some variables (rental payments, equity share, cost efficiency etc.) the stability, strength and performance of the Islamic mortgage sector.
    From the data collected, the simple regression will be calculated by
    n x.y - x . y
    r = ---------------------------------------
    [x2 - (x)2] x [n. y2 - (y)2]
    Where y is the independent variable i.e., equity share.
    And we will test weather the correlation is significant or not using the hypothesis methods as under
    H0 : = 0
    H1 : 0
    r-
    Tcalc= --------------------
    Se(r)
    Where Se(r) is the standard of r

    Net present value (NPV) is also a useful tool to measure the time value of money (Watson & Head, 2007). We will also find the present value of a mortgage investment to be received in the future in order to find the future value. The present value is to be multiplied by the Present Value Factor, i.e.
    1
    ---------
    (1 + r)n
    Where n is the number of time period given at a particular rate of return which we know is called the rental amount in case of Islamic mortgages.
    Let (rental payment) Annuity = A and Discount Rate = r, Period = 4 yrs
    So PV of annuity (rental payment) is calculated as under


    The bracketed sum is the Present Value Annuity Factor (PVAF) at r% for 4 years. Present value is calculated by multiplying the Annuity with the PVAF

    Another method as suggested by Watson and Head is the internal rate of return. IRR is also known as yield on investment and is the discount rate, which make NPV zero.
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Project Bids
Programmer Bid Delivery Time Time of Bid Rating  
qasim1234 $30 2 days 12/9/2009 at 6:43 EST (No Feedback Yet)