Which of the following is true? a. The buyer in a Salam contract may form a Parallel

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Which of the following is true?

a. The buyer in a Salam contract may form a Parallel Salam contract acting as the seller.

b. Parallel Salam contract can’t be formed with the seller of associated Salam contract.

c. Parallel Salam is dependent in terms of performance on the Salam contract.

d. Parallel Salam transfers the credit risk of the buyer to a third party.

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Related Book For answer-question

Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

ISBN: 9781032464022

1st Edition

Authors: Abdul Rauf Mahar, Ayesha Bhatti, Muhammad Junaid Ashraf, Asfand Zubair Malik

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Question Posted: Mar 11, 2024 03:33 AM

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Which of the following is true? a. The buyer in a Salam contract may form a Parallel

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Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application

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