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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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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