question archive The two Islamic contracts namely lease-purchase (AITHAB) and BBA (sale with deferred payment) are meant to substitute the conventional contracts of Hire-Purchase and financing
The two Islamic contracts namely lease-purchase (AITHAB) and BBA (sale with deferred payment) are meant to substitute the conventional contracts of Hire-Purchase and financing
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The two Islamic contracts namely lease-purchase (AITHAB) and BBA (sale with deferred payment) are meant to substitute the conventional contracts of Hire-Purchase and financing. However, a lot of criticism has been raised against the practice of both contracts. Explain thoroughly the main issues/problems in both contacts by stating your own opinion “for” or “against” the criticism.
