Mon, Aug 3, 2015
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

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
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
August 2015
M T W T F S S
« May    
 12
3456789
10111213141516
17181920212223
24252627282930
31