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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
International Shari'ah Research Academy for Islamic Finance (ISRA)
2010
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/3011/ 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 |