44 Bai Al-Inah You run an Islamic financing bank and have been approached by a company to...
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44 Bai’ Al-Inah You run an Islamic financing bank and have been approached by a company to construct a sale and buyback financing deal. The firm requires financing of £8 billion and wishes to pay back the financing over seven years. Comparable Western loans quote 7 per cent interest for financing of this type.
Construct a bai’ al-inah contract for your customer.
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