Mr. Ali decided to set-up his own business of Shoe making. He needs raw materials, building, equipment
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Question:
Mr. Ali decided to set-up his own business of Shoe making. He needs raw materials, building, equipment and machinery, and finance to meet up overhead expenses. He wants interest (Riba) free financing. How Islamic Banking can help him in this situation to meet his working capital needs? 1. Take any Islamic Bank working in Pakistan. 2. Explain what Islamic Financing products are available to help Ali? 3. In case, Ali needs long term financing then how Islamic bank can help him?
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