SKUOK THE FUTURE OF ISLAMIC FINANCE IN EGYPT 5من اصل9
the need that certain final products or immediate ones.
The invalid price of these products dose not prevent deal making, to buy
these products at once on tha base of paying its price in the future or in
installments.
Also deal making can be performed by pay the productors price for
advance to be delivered in the future according to the agreed terms.
And the unavailability price or the product does not stand as an obstacle
against complete these deal making with these projects.
from the economic activity’s level and providing extra job opportunities,
consequently activate the need on these projects’ productions and economic
events popularity.
Providing the required finance for these projects.
These formats provide financing costs, for example in Murabaha is fixed to
finances buying or providing goods and equipments or materials to trade
with. In leasing, the projects’ equipments are provided without the a validity
of the raw materials and the worker capital, sufficient financing resources
required for the project can be provided through speculative, eighter in
fixed or worker capital. so , the completence of these formats and
matchmaking between them greaten the profits and widen the job
opportunities. Also Istisnaa contract has a very important rule in
encouraging these projects by providing the finance as a result of paying its
products, price for advance, with the availability of the finance, the chance
to these projects become available to grow and prosper and exploit the valid
obtainable adjust costs and the productions conditions stability. The
exploitation of the economic resources for the projects .
The Islamic finance’s formats are characterized by the combination in
profits that it is make the field wide to the skills owners to
creative and excellence and harness