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Halal Financing

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Istasna Contract

Istisna (Manufacturing Contracts) in Islamic Finance

Istisna is a vital contract in Islamic finance, designed for manufacturing and construction projects. It allows flexible payment terms and future delivery of custom-made goods or projects, making it ideal for industries like construction, shipbuilding, and energy. This Shariah-compliant contract promotes industrial growth, risk-sharing, and economic development while eliminating interest…
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Islamic Business Financing

Islamic Business Financing

Discover the fundamentals of Islamic business financing, an ethical alternative to conventional finance rooted in Shariah principles. Learn about key financing models like Mudarabah, Musharakah, Murabaha, and Ijara, real-life examples, and the benefits of risk-sharing, asset-backed transactions, and ethical investments. Explore how Islamic finance promotes fairness, transparency, and sustainability for…
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Ijara (Islamic Leasing)

Ijara (Islamic Leasing)

Ijara, commonly known as Islamic leasing, is a Shariah-compliant financial contract where the lessor (owner) leases an asset to the lessee (user) in exchange for agreed rental payments. Unlike conventional leasing, Ijara ensures ownership risks remain with the lessor, and the transaction avoids interest (riba), aligning with Islamic principles. Widely…
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