42 Murabahah You manage an Islamic financing division and have been approached by a company for funding
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42 Murabahah You manage an Islamic financing division and have been approached by a company for funding of 6 billion Bahrain dinars. The company wishes to pay the funding back in equal instalments over 10 years through Islamic principles. Western banks quote comparable interest-paying loans of 8 per cent.
Construct a murabahah contract that makes you competitive with your Western counterparts.
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