Asset based financing is the most often used form of Islamic financing and Murabahah and Salem are the most commonly used modes in this kind of financing

Question

Quizplus · Accepted Answer

This statement is true. Asset based financing, which involves using a physical asset as collateral for financing, is commonly used in Islamic finance. The Murabahah and Salem modes are also typically used in this type of financing.

Asset Based Financing Is the Most Often Used Form of Islamic