You run an Islamic financing bank and have been approached by a company to construct a sale
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You run an Islamic financing bank and have been approached by a company to construct a sale and buyback financing deal. The firm requires financing of £8 billion and wishes to pay back the financing over 7 years. Comparable Western loans quote 7 per cent interest for financing of this type. Construct a bai’ al-inah contract for your customer.
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Related Book For
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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