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#sharia-compliant

Modern Islamic bank building with geometric patterns
Business

How Ijara Works: A Guide to Islamic Leasing in the Gulf

Ijara is a Sharia-compliant alternative to conventional leasing, widely used in the Gulf for property, vehicles and equipment. This guide explains how it works and what to consider.
Close-up of two hands shaking over a polished table, symbolising a cooperative agreement
Business

How Takaful Works: A Guide to Islamic Insurance in the Gulf

Takaful, often described as Islamic insurance, is built on mutual cooperation and shared responsibility. This guide explains the key principles, how takaful models operate, and what it means for residents and businesses in the Gulf.
Financial documents and calculator on a desk representing a Murabaha agreement
Business

Murabaha Explained: How Cost-Plus Financing Works in Islamic Banking

Murabaha is one of the most widely used Islamic finance structures, allowing businesses to acquire assets without paying interest. Here’s how the cost-plus sale contract works and when it makes sense to use it.