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Islamic banks today are criticised by many for not being different from conventional banks owing to their indulgence in non bona fide transactions. The liquidity management practice of commodity Murabaha is one of the most controversial. Islamic banks resort to Tawarruq-based commodity Murabaha...
Persistent link: https://www.econbiz.de/10010944798
This paper aims to show how to mobilise resources through Islamic financial instruments in the context of international trade. Throughout the paper there would be five entities namely, Bank-A, Bank-B, Bank-C, Importer and Exporter. Bank-A and Bank-B are recognised financial institutions and they...
Persistent link: https://www.econbiz.de/10010816803