An Islamic bank has sought guidance from its shariah board on the modus operandi to finance its client’s export orders

Fatawa Question

An Islamic bank has sought guidance from its Shariah board on the modus operandi to finance its client’s export orders. It is important to note that for commercial reasons the exports are carried out in the customer’s name, in order to show its export performance and allow it to claim the customs duty rebate.

Fatwa

Click hereto view more

Publisher

Islamic Finance News

Publication Date

2013-11-13

Country of Publication

Malaysia

Main Subjects

Economics & Business Administration
Islamic Studies

Data Type

Fatawa

Language

English

Record ID

BIM-783603

American Psychological Association (APA)

Hassan, Husayn Hamid. 2013-11-13. An Islamic bank has sought guidance from its shariah board on the modus operandi to finance its client’s export orders. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783603

Modern Language Association (MLA)

Hassan, Husayn Hamid. An Islamic bank has sought guidance from its shariah board on the modus operandi to finance its client’s export orders. Kuala Lumpur Malaysia : Islamic Finance News. 2013-11-13.
https://search.emarefa.net/detail/BIM-783603

American Medical Association (AMA)

Hassan, Husayn Hamid. 2013-11-13. An Islamic bank has sought guidance from its shariah board on the modus operandi to finance its client’s export orders. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-783603