Travel Daily Media

Aircraft investment, Islamic finance key to growth: Boeing

Boeing Capital Corporation pointed out that strategical investment into new aircraft is necessary. Also, the growth of Islamic financing’s position in commercial airplane deliveries shows its results. Due to their mobile nature and asset attractiveness, airplanes are considered ideal for lending under Shariah law. During the last two years, numerous financial institutions and airlines in the Middle East havelargly increased their investments in new Boeing commercial airplanes. Thus, they were able to realize substantial rewards for their investors because of the growing demand.

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