2- Explain how an Islamic bank gets involved in a Salam and a parallel Salam contract,...

 

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2- Explain how an Islamic bank gets involved in a Salam and a parallel Salam contract, discuss the parties and the differences of these two contracts. 3- Describe the process involved in Istisna and parallel Istisna contract 4- 4. Give a brief discussion on Performance risk and Credit risk of banks associated with Istisna. (5 marks) 2- Explain how an Islamic bank gets involved in a Salam and a parallel Salam contract, discuss the parties and the differences of these two contracts. 3- Describe the process involved in Istisna and parallel Istisna contract 4- 4. Give a brief discussion on Performance risk and Credit risk of banks associated with Istisna. (5 marks)

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2 In a Salam contract the Islamic bank provides the financing upfront in exchange for the purchase o... View the full answer