If B does not deliver, A must still deliver the agreed wheat to C, even if A has to buy it elsewhere. A may separately pursue his rights against B.
This is the practical meaning of independence: the bank carries real delivery risk in the second contract.
Opening interactive controls...
Parallel Salam (السلم الموازي): Two Independent Contracts
If B does not deliver, A must still deliver the agreed wheat to C, even if A has to buy it elsewhere. A may separately pursue his rights against B.
This is the practical meaning of independence: the bank carries real delivery risk in the second contract.