Islamic Trade Financing
Click on any option to know the CORRECT ANSWERS
What are the services normally offered by the banks in order to facilitate international trading
project finance, trade finance and corporate finance
trade finance, project finance, foreign exchange transaction and corporate finance
trade finance, foreign exchange transaction and corporate finance
project finance, foreign exchange transaction and corporate finance
The main purpose of foreign exchange is...
to convert and trade foreign currencies
to invest money in foreign countries
to borrow money from foreign countries
to do import and export
letter of credit can be issued under three contracts which are....
wakalah, murabahah and Mudharabah
Mudharabah, kafalah and musyarakah
Al-Dayn, wakalah and mudharabah
wakalah, murabahah and musyarakah
There are three (3) parties involved in Islamic factoring:
The receivable, debtor and factor
The receivable, creditor and factor
The receivable, debtor and creditor
The creditor, debtor and factor
Islamic Acceptance Bills can be done under two (2) Shariah concepts such as....
Mudharabah and Al-Dayn
Murabahah and Al-Inah
Mudharabah and Al-Inah
Murabahah and Al-Dayn
There are 5 questions to complete.