f you go to an Islamic bank and ask for financing for following purposes, which financial product Islamic bank will most likely to use and why? 1. 10 years financing to start a new project 2. 5 years financing to construct a house on your land 3. 3 years financing for a heavy duty generator 4. 6 months financing for IPhone 12
f you go to an Islamic bank and ask for financing for following purposes, which financial product Islamic bank will most likely to use and why? 1. 10 years financing to start a new project 2. 5 years financing to construct a house on your land 3. 3 years financing for a heavy duty generator 4. 6 months financing for IPhone 12
Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter6: Saving And Investing
Section6.1: Why Save?
Problem 6R
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If you go to an Islamic bank and ask for financing for following purposes, which financial product Islamic bank will most likely to use and why?
1. 10 years financing to start a new project
2. 5 years financing to construct a house on your land
3. 3 years financing for a heavy duty generator
4. 6 months financing for IPhone 12
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