| From Canadianbusiness.com: Islamic finance is based in part on the notion that the simple lending of money is not entitled to earn a profit, according to University of Toronto law professor Mohammed Fadal. But if interest is proscribed, there are other basic instruments such as credit sales, forward sales, and leases which allow capital providers to earn a return on their investment.
The potential payoff for a Canadian business class versed in the tenets of Islamic finance is huge..............................................Full Article: Source
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