We value our editorial independence and follow editorial guidelines. I’m afraid we may not be able to provide you with an answer to that question. The accounting treatment will be determined by the lender/bank that offers the Islamic Home Loan. Beli...
For example, the bank might buy a $10,000 car and sell it to the customer for $13,000 – which can be repaid in instalments. Whether because of, or despite, the global financial crisis, the need for greater accommodation of Islamic finance as a posit...
This paper explores the nature and extent of financial exclusion of Muslim community in Australia. Adopting a survey questionnaire method primary data has been used, and Queensland is the selected state for this exploratory case study. While nearly 3 bill...