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Islamic Law

C/F/479. There are various methods of interest-free financing adopted in the west to meet Muslims needs for housing finance. HSBC Amana Finance & Islamic Bank of Britain are typical cases. Write an assignment analytically and critically about such experie

WORDS:
2000
DATE:
2009
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29.99 GBP

The paper examines the implications of the Islamic Riba stating that all mortgages provided in accordance with Islam cannot be interest based. The impacts of the mortgage crisis on conventional mortgages and Islamic mortgages are considered.

 

KEYWORDS: Mortgages, Islamic banking, crisis, sub-prime, Riba,

 
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