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Debt or equity? Shariah allows both

Posted on 04 May 2010

From Gulf-times.com: It could be observed that the widespread use of fixed return techniques of debt financing transactions would have been necessary during the initial implementation of interest-free banking.
This is because the entrenched conventional mindset in the interest-based system that has existed for hundreds of years would need its own gestation period to be uprooted, even among Muslims themselves. …………………………………….Full Article: Source

 
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This post was written by:

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


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