SHARIA BANKING
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LEBANON ISLAMIC BANK MURABAHA MUDARABA

In Lebanon, sharia-compliant banking currently accounts for a marginal share of the Lebanese financial sector. Recent estimates expect that Islamic financial assets in Lebanon could reach more soon.

Lebanon is preparing the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Lebanon's SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.

Currently, Lebanon has a number of fully operational Islamic banks which serve retail and islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.


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