FINA 615 Islamic Financial Contracts - Istisna&Salam
FINA 615 Islamic Financial Contracts - Istisna&Salam
Chapter 3
4 – Ownership
tranfer
Bank Client
2 – 2nd Istisna’
Contract. Value
120M Euros
3- 1 – 1st
Ownership Istisna’
transfer
Contract.
Value 100 M
Euros
l l el
ara
P n a ’
i s
Manufacturer
Ist
7
Concept of Exchange-Based Contract