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October 28, 2024
Istisna ic contracts such as for example Ijarah (lease) and Musharakah Mutanaqisah (Diminishing Relationship). The shared usage of these types of contracts lets financial institutions and designers to help you mobilise financing and decrease risks. Such as, the fresh new expansion off Madinah Airport for the Saudi Arabia used Istisna and you may Ijarah provided that term capital agreements (World Bank, 2017). Continue Reading