15.03.2010 - Sukuk alternate solution to tawarruq

From Brunei.fm: Islamic financial institutions looking into tawarruq, a controversial Islamic financing structure, should instead consider sukuk ijarah, or Islamic bonds, when looking at options to raise cash, a study said. In its basic form, tawarruq allows the sale of an asset on a deferred payment basis. The purchaser then sells the asset to a third party to get cash............................................Full Article: Source

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