You run an Islamic financing division and have been approached by a customer for a 40,000 Bahrain
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You run an Islamic financing division and have been approached by a customer for a 40,000 Bahrain dinar ijarah thumma al bai’ financing deal. The customer wishes to pay a maximum of 1,000 Bahrain dinars per month over 5 years. Comparable loans in Western banks are quoted at 12 per cent interest. Construct a financing deal 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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