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This sounds like a form of Islamic financing called bai' al 'inah.  It's been used in Malaysia and that region for some time, but a number of Saudi scholars had questions about whether it was shariah-compliant.  Apparently that's been straightened out.  Such facilities may look strange and nefarious to Western eyes, but they are SOP in Islamic countries.
by rifek on Tue Jan 6th, 2015 at 01:44:59 PM EST
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