From Reuters: Malaysia's Affin Islamic Bank is unlikely to drop the bai bithaman ajil financing structure, its chief said on Monday, reflecting the industry's struggle to achieve a common stand on the disputed contract.
Bai bithaman ajil is a popular contract that is based on the controversial bai inah concept, which has drawn comparisons to a conventional loan. Some practitioners have argued that it will eventually be phased out as banks strive for wider markets............................................Full Article: Source
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