1. A ~roup of Pakistani traditional Islamic scholars declared the most popular prodcts of Islamic banks, murabal)a and ijarah, as pure forms of ):lilah. See Muhmmcd lmran Ismail, Legal Stratagems (hiyal) and Usury in Islamic;Comncrcial Law,2010
2. Extensive Use of ilah in Islamic Banking and Finance
3. In classical Islamic jurisprudence, it was intended to facilitate the purchase of a commodity by a merchant at the request of a buyer located usually at a remote area. Walid S. Hegazy, Contemporary Islamic Finance: From Socioeconomic Idealism to Pure Legalism, 7 CHIC;J. INT'L L,2007