Tue, Jun 19, 2018
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Finance, People more

Qatar scholar defends Murabaha

Posted on 20 November 2009

From Tradearabia.com: Murabaha differs from interest-based lending as it is based on economic activity, an influential sharia scholar said on Thursday, countering criticism that sharia banking is a copy of conventional finance.

Murabaha, or cost-plus financing, is widely used to finance the purchase of assets from real estate to machinery but has been compared to conventional loans due to the profit earned by banks……………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
June 2018
M T W T F S S
« May    
 123
45678910
11121314151617
18192021222324
252627282930