You manage an Islamic financing division and have been approached by a company for funding of 6

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You manage an Islamic financing division and have been approached by a company for funding of 6 billion Bahrain dinars. The company wish to pay the funding back in equal instalments over 10 years through Islamic principles. Western banks quote comparable interest paying loans of 8 per cent. Construct a murabahah contract that makes you competitive with your Western counterparts.

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Corporate Finance

ISBN: 9780077173630

3rd Edition

Authors: David Hillier, Stephen A. Ross, Randolph W. Westerfield, Bradford D. Jordan, Jeffrey F. Jaffe

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