An Islamic bank wishes to provide financing of US $ 25 million to the customer for its medium to long-term working capital requirement for up to five years
Fatawa Question
An Islamic bank wishes to provide financing of US $ 25 million to the customer for its medium to long-term working capital requirement for up to five years. The amount will be invested by the customer in its trading and retailing activities. A suitable Shariah structure is sought to execute this investment plan in a manner that the Islamic bank may be able to redeem a part of its capital and its share of realized profit on a periodic basis.
Fatwa
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Publisher
Publication Date
2013-06-26
Country of Publication
Malaysia
Main Subjects
Economics & Business Administration
Islamic Studies
Data Type
Fatawa
Language
English
Record ID
BIM-784615
American Psychological Association (APA)
Hassan, Husayn Hamid. 2013-06-26. An Islamic bank wishes to provide financing of US $ 25 million to the customer for its medium to long-term working capital requirement for up to five years. . Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-784615
Modern Language Association (MLA)
Hassan, Husayn Hamid. An Islamic bank wishes to provide financing of US $ 25 million to the customer for its medium to long-term working capital requirement for up to five years. Kuala Lumpur Malaysia : Islamic Finance News. 2013-06-26.
https://search.emarefa.net/detail/BIM-784615
American Medical Association (AMA)
Hassan, Husayn Hamid. 2013-06-26. An Islamic bank wishes to provide financing of US $ 25 million to the customer for its medium to long-term working capital requirement for up to five years. Kuala Lumpur Malaysia : Islamic Finance News.
https://search.emarefa.net/detail/BIM-784615
