http://wiki.islamicfinance.de/index.php?action=history&feed=atom&title=Istiglal 2026-05-14T01:23:02Z Revision history for this page on the wiki MediaWiki 1.27.0 http://wiki.islamicfinance.de/index.php?title=Istiglal&diff=239&oldid=prev 2010-08-17T10:01:23Z

<p></p> <p><b>New page</b></p><div>Bay Al Istiglal is a variation of [[Bay bil Wafa]]. <br /> <br /> [[Bay bil Wafa]] is sale with the option of resale to the same party. The concept of Istiglal adds that during this period the good could be leased to the original seller.<br /> <br /> This technique was widely used by the cash [[waqf]] according to Murat Cizakca.<br /> <br /> <br /> ==References==<br /> <br /> *[http://www.kantakji.com/fiqh/Files/Manage/91811.pdf 6.2. Islamic Risk Management, Mohammad Obaidullah]<br /> *[http://www.labuanfsa.gov.my/pdf/IslamicFinanceLectureSeries2007/Cash%20Waqf%20and%20Benefits%20for%20Future%20Generations%20by%20Prof.%20Dr.pdf Murat CIZAKÇA - ISLAMIC NON-BANK FINANCIAL INSTRUMENTS FROM THE PAST TO THE FUTURE?]</div>

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