Company A approached an Islamic bank seeking a regular funding line to purchase from time to time certain quantities of raw material from company B, which is the sole distributor in the country for the import and supply of the required raw material

السؤال

Company A approached an Islamic bank seeking a regular funding line to purchase from time to time certain quantities of raw material from company B, which is the sole distributor in the country for the import and supply of the required raw material. While preparing the financing proposal for the requested facility for approval by the bank’s head office, the branch officials noticed that Company B is 90 %-owned by the same shareholders who own company A. The query has been raised to the Shariah board of the bank for guidance as to whether the requested facility can be granted without compromising on any Shariah principles.

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

الناشر

Islamic Finance News

تاريخ النشر

2013-12-04

دولة النشر

ماليزيا

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-783600

• APA
• MLA
• AMA