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Showing posts with label
HPSM
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Showing posts with label
HPSM
.
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HPSM-Hire Purchase Under Shirkatul Meelk
HPSM-Hire Purchase Under Shirkatul Meelk (Ijara Muntahia Mittamleek)
is a special type of contract, used by Islamic Banks, which has been developed through practice. It is a combination of three contracts like Shirkat-al-Meelk,
Ijarah
and Sale.
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