Islamic finance with the form of selling the title and keeping the usufruct , a new vision to develope Islamic financial products

In an important step towards enhancing the product development of Islamic finance industry, the international Shari’ah research academy for Islamic finance (ISRA) had published the research paper which prepared by « Raqaba company for Shari'a audit & Islamic financial consultations », with the title: (Islamic finance with the form of selling the title (Al-Raqabah) and keeping the usufruct (Al-Manfaa), (An empirical study on American finance house LARIBA products).

The research discuss how to implement Islamic finance with the form of selling the title and keeping the usufruct in American finance house LARIBA, and the Shariah foundation for this products, in addition to the discussion of the related risks and applied issues.
The research is being translated to english language, and it will be published soon.

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