Loans, Tawarruq, discounting, financing of business : invoice factoring

Fatawa Question

Asalam Aleikum, We are doing business in Kenya, we would like to know what is the Islamic point of view on invoice factoring, is it Halal as the conventional companies or banks do it ? Or if this is not Halal can it be made Shari’ah compliant and how ? Ali.

Fatwa

Click hereto view more

Publication Date

2010-07-06

Main Subjects

Financial and Accounting Sciences
Islamic Studies

Topics

No. of Pages

1

Data Type

Fatawa

Language

English

Record ID

BIM-729694

American Psychological Association (APA)

Qahf, Mundhir. 2010-07-06. Loans, Tawarruq, discounting, financing of business : invoice factoring. .
https://search.emarefa.net/detail/BIM-729694

Modern Language Association (MLA)

Qahf, Mundhir. Loans, Tawarruq, discounting, financing of business : invoice factoring. 2010-07-06.
https://search.emarefa.net/detail/BIM-729694

American Medical Association (AMA)

Qahf, Mundhir. 2010-07-06. Loans, Tawarruq, discounting, financing of business : invoice factoring.
https://search.emarefa.net/detail/BIM-729694