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Given below information: Purpose of Financing : To buy a completed office building Purchase Price : RM800,000 Margin of Financing : 80% Payment period :
Given below information:
- Purpose of Financing : To buy a completed office building
- Purchase Price : RM800,000
- Margin of Financing : 80%
- Payment period : 5 years
What is applicable Islamic contract for this financing?
Explain the role of each contracting parties.
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