Principle of strict compliance in letter of credit: a comparative study from legal and Shariah perspective

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Principle of strict compliance in letter of credit: a comparative study from legal and Shariah perspective

Letter of credit (LC) is a payment mechanism which is used to facilitate trade. One of the fundamental principles that govern the LC operation is principle of strict compliance. This principle indicates that in order to be paid; seller’s documents must strictly comply with the LCs’ requirement. Th...

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Bibliographic Details
Main Authors:	Othman, Ahmad Azam, Che Hashim, Rosmawani
Format:	Proceeding Paper
Language:	English English
Published:	2012
Subjects:	K Law (General)
Online Access:	http://irep.iium.edu.my/38356/ http://irep.iium.edu.my/38356/1/3rdICBER2012_Proceeding_Strict_Compliance.pdf http://irep.iium.edu.my/38356/4/000_000_3rdICBER2012_Proceeding_Content.pdf

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