An overview of Shari'ah issues regarding the application of the Islamic letter of credit practice in Malaysia

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An overview of Shari'ah issues regarding the application of the Islamic letter of credit practice in Malaysia

The Letter of Credit (LC) serves as an instrument of payment in international trade. Its aim is to facilitate trade between seller and buyer in different countries. To date, the Islamic banking environment promotes the use of the Islamic LC as a method of financing in international trade, particular...

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Bibliographic Details
Main Authors:	Othman, Ahmad Azam, Che Hashim, Rosmawani, Abdul Aziz, Akhtarzaitie
Format:	Article
Language:	English
Published:	International Shari'ah Research Academy for Islamic Finance (ISRA) 2010
Subjects:	KBP173.25 Islamic law and other disciplines or subjects
Online Access:	http://irep.iium.edu.my/3011/ http://irep.iium.edu.my/3011/1/An_overview_of_sharia%27h_issues_regarding_the_application_of_the_Islamic_letter_of_credit_practice_in_Malaysia.pdf

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