Islamic Trade Finance Presented by Jamaliah Abd Malik Objective • At the end of this session‚ the participants will be able to • List down the trade finance-i products available • Explain briefly the concept applicable Contents • • • • • Introduction • What is trade • Method of payments Summary of products available with banks Letter of credit-i Trust receipt-i Letter of Guarantee-i Contents- contd • • • • • Shipping-i Accepted Bills-I Bills Purchased-i
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It’s also believed that he is neither a Jew nor a Muslim‚ but somebody who is a hernif - somebody who essentially and intrinsically knows that there is really only one God. Much of what Islamic tradition is about‚ along with rituals such as the Hajj - stem from the pre-Islamic era and are translated into Islamic rituals through Ibrahim. The Kaaba was built because God spoke to Ibrahim about constructing a sacred house for God. 5. When was Muhammad born? 570 AD‚ Mecca
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Apples Industry & Trade Summary Office of Industries Publication ITS-04 February 2010 UNITED STATES INTERNATIONAL TRADE COMMISSION COMMISSIONERS Shara Aranoff‚ Chairman Daniel R. Pearson‚ Vice Chairman Deanna Tanner Okun Charlotte R. Lane Irving A. Williamson Dean A. Pinkert Robert A. Rogowsky Director‚ Office of Operation Karen Laney-Cummings Director‚ Office of Industries This report was prepared principally by: Brendan Lynch Brendan.lynch@usitc.gov Fruits‚ Vegetables
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Some golden rules to follow during the GD/PI • In the time provided (if any) to think and organise‚ think critically‚ analyse thoroughly and then try to arrive on the conclusions. Irrelevant points and facts should be avoided instead stick to the point with objectivity. • It is really a good way to summarise the given subject and then raise the questions based upon the same. Sometimes it is also a good idea to generate the consensus how the discussion will happen and form rules. Like opener may
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THE GOLDEN BIRD THAT TARNISHED In the 19th century‚ the paramount moral challenge was slavery. In the 20th century‚ it was totalitarianism. In this century‚ it is the brutality inflicted on so many women and girls around the globe: sex trafficking‚ acid attacks‚ bride burnings and mass rape. Yet if the injustices that women in poor countries suffer are of paramount importance‚ in an economic and geopolitical sense the opportunity they represent is even greater. “Women hold up half the sky‚” in
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to listen and established a permanent relationship with God. God still encounters and communicates with living people. He meets them in all of history and enters into relationship with them‚ too. The history of salvation in Cavalletti’s History’s Golden Thread presents eight key moments of salvation history in this divine plan of God for all humans that are connected. When we use the bible‚ we
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The period after the fall of the Roman Empire has gone by many names. It has been called “The Dark Ages‚” “The Age of Feudalism‚” “The Age of Faith‚” and a Golden Age. The Middle Ages began around the time that the Roman Empire fell. The Roman Empire had been declining over time due to Military‚ Political‚ Economic‚ and Social issues. The fall of the Roman Empire brought many changes to Western Europe. Society regressed and forgot the achievements and discoveries that were made in the past. However
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much controversy within the Islamic community arises over the display of artistic expression‚ art couldn’t be hindered. Islamic art has been carefully woven into the culture and belief system. Many periods and events have contributed
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one‚ down payment‚ what is hidden underground or beneath the earth‚ the fugitive slave‚ the straggling camel and selling what is not in one’s possession or undeliverable and non- 1- Contracting on a non-existent object The majority of the Islamic jurists have absolutely banned the sale of non-existent object because it involves Gharar element. The banning here means that goods not to be sold before its possession. When Hakim Ibn Hozam asked Allah’s Apostle saying: "some people ask me to sell
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Islamic Finance is a financial system that doesn’t work like other conventional banking systems. It follows the Islamic law‚ Shariah‚ which doesn’t allow certain aspects of a normal banking system such as usury and speculation. There are some main principles to be followed in Islamic banking. First of all‚ it prohibits interest‚ or Riba. Riba is forbidden in Islam‚ and therefore Islamic banking system adopts the principle of profit and loss sharing. It also prohibits uncertainty‚ gambling‚ and prohibits
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