Shariah guidance is sought if the Islamic bank is allowed to charge a fee in case of issuance of a letter of credit (LC)‎, whether the goods under the LC are to be financed by the Islamic bank or the customer shall pay cash for them

Fatawa Question

Shariah guidance is sought if the Islamic bank is allowed to charge a fee in case of issuance of a letter of credit (LC), whether the goods under the LC are to be financed by the Islamic bank or the customer shall pay cash for them.

Fatwa

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Publisher

Islamic Finance News

Publication Date

2015-04-22

Country of Publication

Malaysia

Main Subjects

Economics & Business Administration
Islamic Studies

Data Type

Fatawa

Language

English

Record ID

BIM-783031

American Psychological Association (APA)

Hassan, Husayn Hamid. 2015-04-22. Shariah guidance is sought if the Islamic bank is allowed to charge a fee in case of issuance of a letter of credit (LC), whether the goods under the LC are to be financed by the Islamic bank or the customer shall pay cash for them. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783031

Modern Language Association (MLA)

Hassan, Husayn Hamid. Shariah guidance is sought if the Islamic bank is allowed to charge a fee in case of issuance of a letter of credit (LC), whether the goods under the LC are to be financed by the Islamic bank or the customer shall pay cash for them. Kuala Lumpur Malaysia : Islamic Finance News. 2015-04-22.
https://search.emarefa.net/detail/BIM-783031

American Medical Association (AMA)

Hassan, Husayn Hamid. 2015-04-22. Shariah guidance is sought if the Islamic bank is allowed to charge a fee in case of issuance of a letter of credit (LC), whether the goods under the LC are to be financed by the Islamic bank or the customer shall pay cash for them. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783031