Can an Islamic bank obtain cash deposit as security for a customer’s financial obligation towards the bank under various financing facilities extended by the bank to the customer ?
Fatawa Question
The following query has been raised in order to get shariah guidance. Can an Islamic bank obtain cash deposit as security for a customer’s financial obligation towards the bank under various financing facilities extended by the bank to the customer ?
Fatwa
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Publisher
Publication Date
2015-03-18
Country of Publication
Malaysia
Main Subjects
Economics & Business Administration
Islamic Studies
Data Type
Fatawa
Language
English
Record ID
BIM-783049
American Psychological Association (APA)
Hassan, Husayn Hamid. 2015-03-18. Can an Islamic bank obtain cash deposit as security for a customer’s financial obligation towards the bank under various financing facilities extended by the bank to the customer ?. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783049
Modern Language Association (MLA)
Hassan, Husayn Hamid. Can an Islamic bank obtain cash deposit as security for a customer’s financial obligation towards the bank under various financing facilities extended by the bank to the customer ?. Kuala Lumpur Malaysia : Islamic Finance News. 2015-03-18.
https://search.emarefa.net/detail/BIM-783049
American Medical Association (AMA)
Hassan, Husayn Hamid. 2015-03-18. Can an Islamic bank obtain cash deposit as security for a customer’s financial obligation towards the bank under various financing facilities extended by the bank to the customer ?. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783049
