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1.Discuss the difference between a conventional lease and Ijara in terms of a. Purchase of lease asset. b. Signing of lease contract. 2. A small

1.Discuss the difference between a conventional lease and Ijara in terms of

a. Purchase of lease asset.

b. Signing of lease contract.

2. A small Start up construction company has won the bid to build a school playground. The company needs one excavator to dig the ground at the start of the construction project . The company does not have the finances to buy the excavator. Suggest two possible products from Islamic Finance to the company. Of the two solution, which is better and why?

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