Islamic Trade Financing

 

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Islamic Trade Financing

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Question 6
It is a facility granted by the bank to importers for clearance of goods at the port without producing original Bill of Lading. This explanation refers to....
A
Kafalah Bankers Guarantee
B
Kafalah Shipping Guarantee
C
Letter of Guarantee
D
Letter of Credit
Journalism Questions answers


Question 7
Letter of Guarantee (LG) that provides by the Islamic Bank to its customer used the principle of .....
A
Al-Musyarakah
B
Al-Mudharabah
C
Al-Kafalah
D
Al-Wakalah
Commerce Questions answers


Question 8
Wakalah can be combined with which other modes of Islamic Trade financing?
A
Murabahah
B
Mudharabah
C
kafalah
D
Al-Dayn
NTA NET Questions answers


Question 9
IAB - drawn by the bank and accepted by the importer
A
Al-Dayn
B
Murabahah
C
Mudharabah
D
factoring
Current affairs Questions answers


Question 10
IAB - drawn by the exporter and accepted by the bank
A
factoring
B
Murabaha
C
Al-Dayn
D
Mudharabah
HRM Questions answers


There are 10 questions to complete.

 

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