A mine operating company approaches an Islamic bank for lease financing of large, expensive and specialized equipment. The bank is worried it will not be able to sell or re- lease the equipment once this lease is completed. What should it do? a. The bank should provide no lease finance to avoid the risk (2.5 Marks)

b. The bank should offer an operating Ijara lease for the specified period and commit the mining company to purchase the equipment at the end of the lease (2.5 Marks).

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