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How Malaysia’s Tabung Haji could provide Haj financing a Shariah-compliant model

Posted on 15 November 2010

From Arabnews.com: The annual pilgrimage to Makkah in Saudi Arabia takes place this week when up to three million Muslims from all over the world converge on the holy places in Makkah and Madinah and its satellite towns to perform Haj, which is one of the five pillars of Islam.
While the Haj is deemed a spiritual journey, since its inception, it has always been associated with economic activity such as trade when Muslims converged on Makkah from all parts of the Ummah trading with each other and of course at the same time performing rituals of Haj……………………………………….Full Article: Source

 
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Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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