• If the Letter of Credit (L/C) is opened without an importer margin, investment partnership (مضاربة) can be used.
• If the importer contributes a margin, partnership (مشاركة) or a combination with investment partnership (مضاربة) may be used.
• After the goods are imported and sold, actual profit is shared according to the agreed ratio.
Term explanation: Letter of Credit (L/C): a banking arrangement used in trade to support payment against specified documents and conditions.
Opening interactive controls...
Transaction and Working-Capital Financing
• If the Letter of Credit (L/C) is opened without an importer margin, investment partnership (مضاربة) can be used.
• If the importer contributes a margin, partnership (مشاركة) or a combination with investment partnership (مضاربة) may be used.
• After the goods are imported and sold, actual profit is shared according to the agreed ratio.
Term explanation: Letter of Credit (L/C): a banking arrangement used in trade to support payment against specified documents and conditions.