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You Music you now it is estimated that from 1 9 9 0 to 2 0 1 1 it is estimated that there is about 200000 Andean house projects out of which about 60 of it is under propaganda slum all of it is financed with VBA the biggest mistake that we have done so far is to label what was what we have as Islamic I think that is the biggest mistake that we've done so the minute they believe it Islamic we basically say, and then it is good that it is permissible and when that happened the intellectual minds and people do not begin to find for a better alternative Music vitamin agile also known as BB a home financing was introduced in Malaysia by bang Islam Malaysia Broad India 1984 Islamic home financing is an alternative financial product to conventional intrastate which is home financing would meanwhile mustard commuter Akita is a hybrid product in home financing consisting of three contracts which is Shaka Bukhara and buy what is buy vitamin agile and moussaka Newton Akita vitamin agile is known as a different payment sale contract which is a mode of Islamic financing used for property vehicle as well as financing for consumer goods Musharraf commuted Akita is a contract between the partners to contribute capital to an actor price or a venture either it is an existing one or new business let's take a look to the comparison between by vitamin agile and Shaka MTA NASA Music by bitumen agile is known as a depth type financing banana Dhaka metallic ISA is a joint ownership in terms of buying property VBA is more complicated compared to Moo Shakuntala Giza which is more flexible VBA is recognized in Malaysia Indonesia and Brunei however mustard cotton Akita it is accepted internationally the selling price and the bank profit of PPA do not reflect the market value but the value of property of Shakuntala Giza always reflect the market price in terms of payment BBF pays almost four times the original cost while moussaka botanic ISA is only based on the concept of rental fee next we will proceed to the application of VBA and even where the bank and the customer we jointly purchased is selected the house which the customer contributes a certain value as his share and the bank will contribute the balance amount now the house is owned by both Shannon and the bank however since Sharon wants to enjoy the complete usage of the house the bank agrees to run its share of the house to Sharon for a great friend since Sharon also wants to eventually secure the full ownership of the house as well the bank also agreed to gradually sub portions of its ownership Lucien, but this year will become the full owner of the house he will continue to pay rent for the portion owned by the bank of who which he is enjoying occupation the method of home financing is called imaging moussaka in Islamic banking terms Sharon's monthly installments will comprise two components the rent since he's occupying the house and the amount paid to purchase portions of the house from the bank each month...
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