If you go to an Islamic bank and ask for financing for following purposes, which financial product Islamic bank will most likely to use and why?

Economics:
10th Edition
ISBN:9781285859460
Author:BOYES, William
Publisher:BOYES, William
Chapter12: Money And Banking
Section: Chapter Questions
Problem 3E
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If you go to an Islamic bank and ask for financing for following purposes, which financial product Islamic bank will most likely to use and why?

  1. 10 years financing to start a new project
  2. 5 years financing to construct a house on your land
  3. 3 years financing for a heavy duty generator
  4. 6 months financing for IPhone 12
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