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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[2.5 marks each] 2.
1.Discuss the difference between a conventional lease and Ijara in terms of
a. Purchase of lease asset
b. Signing of lease contract[2.5 marks each]
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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