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The Evolution of the Use of Ijarah in Islamic Banks

The Rise of Ijarah In a business world marked by economic uncertainties and rising costs of operations, leasing is widely regarded as the easiest, safest,...

Islamic Finance: How Does It Make Money Without Interest?

Many of the products offered by Islamic financial institutions are comparable to Western or conventional finance even though interest and speculation are forbidden. Banks are by far the biggest players in Islamic finance — some of them are exclusively Islamic while others offer sharia-compliant products but remain mostly conventional.
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