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Stephenson Harwood

Finance 2011

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Award levelStand-out
InnovationApplying Islamic finance to enable a new way to own homes
Originality8
Rationale7
Impact6
Total21
DescriptionWorking for Gentoo, the firm developed a new structure based on the principles of risk sharing found in sharia-compliant financings, to enable a flexible and affordable way for people to own their homes. This has the potential to revolutionise the mortgage-finance market.