Islamic Finance Research :"Islamic Pawn Broking – Malaysia" – 29 September 2011
2011-09-29 -You must be logged in to view this report. Download This ReportExtract:
One of the rapidly growing microfinancing products that has
flourished over the last decade is the Islamic pawn broking business,
alternatively known as Ar-Rahn or Rahnu. Ar-Rahn is an activity whereby a
valuable item is collateralised to a debt which may be utilised as
payment should the debt remain unpaid within the agreed period.
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