Explain the exchange rules of islam and its applications to modern currency exchange, discounting of trade bills/letters of credit and the concept of currency salam?

Q: he "MUDARABAH" and "MURABAHA" in Islamic bankin

A: MUDARABAH and MURABAHA are two basic concepts that are without interest financing the money required…

Q: why is political stability is one of the factor of foreign exchange market

A: The foreign exchange market, also known as the forex market or FX market, is a decentralized market…

Q: SECTION A Differentiate between Islamic and conventional money market.? Discuss about import and…

A: Only profit sharing is permitted in Islamic finance when it comes to savings accounts, although…

Q: why do exporters and importers use bill of exchange?

A: A bill of exchange is a written order that binds one party to pay another party a predetermined sum…

Q: What is meant by Foreign Exchange Markets?

A:

Q: Why was the European Monetary System introduced?

A: EMS (European Monetary system) was developed in order to link the currency of European countries…

Q: What are forward contracts? How can they beused to manage foreign exchange risk?

A: Risk refers to the uncertainty regarding the implications of any activity.

Q: What are the currency difference factors that affect international financial management?

A: Currency differences will always exist in international financial management because of differences…

Q: Islamic banking

A: Islamic banking is a system of banking in accordance with the rules of the Shariat. There is no…

Q: How does an investor earn in the foreign exchange market?

A: The foreign exchange market comes into exitance where currencies of different countries can be…

Q: Discuss the concept of functional currency under SFAS No. 52. What purpose does the functional…

A: Statement of financial accounting standard number 52 is the one which is amended from time to time…

Q: explain exchange rule of islam and its application to modern currency exchange,discounting of trade…

A: What is exchange rule: It is simply the rate at which the currency of two countries could be…

Q: What is foreign trade balance?

A: Answer: A foreign trade balance is nothing but the net dollar value of commodity exports minus…

Q: Explain how exchange rate fluctuations affect the return from a foreign market measured in dollar…

A: When doing business outside country of home currency dollars there is risk of change in exchange…

Q: In what way is the accounting for a foreign currency borrowing more complicated than the accounting…

A: The accounting for a foreign currency borrowing involves keeping track of two foreign currency…

Q: What factors that have influenced the exchange rates in UAE

A: Foreign Exchange rate: It is the rate  at which one of country's currency  is  converted into…

Q: explain clearly what a foreign exchange market is, it's importance and effects on the business world…

A: Foreign exchange market, organization that exchanging one nation's currency for another. Since the…

Q: Why do we need a foreign exchange ma

A: Foreign exchange market is where one can buy and sell currencies of other countries and convert…

Q: Question 4 There are two main functions of foreign exchange market; to convert the currency of one…

A: It the place where of one country is converted into currency of the other country.  It is a Over The…

Q: inson Crusoe and Friday discussed in section 10.3 of the text- describe the situation, and some key…

A: The answer had been mentioned below.

Q: Explain the fundamentals of International Trade ?

A: International trade refers to the exchange of goods and services between and across the countries.…

Q: Discuss how foreign exchange market provide insurance against foreign exchange

A: Foreign exchange risk or exchange rate risk, is an unavoidable risk of foreign investment, caused by…

Q: What is foreign currency?

A: In terms of finance, foreign currency is a familiar term in FOREX (Foreign Exchange) transactions.

Q: WHAT ARE THE FEATURES AND TYPES OF FOREIGN TRADE?

A: Foreign trade are the trade between two or more countries.there are generally two types of trade…

Q: differences between translation risk and transaction risk

A: Translation Risk  Translation risk is defined as the exchange rate risk associated with converting…

Q: What is an arbitrage opportunity? What types of arbitrage strategies are used by foreign exchange…

A: An investor can profit from price differences of a security or asset between several exchanges or…

Q: how interest rate impact the foreign exchange market? how foreign exchange market impacts interest…

A: Interest rates and the foreign exchange market are closely related, and changes in one can have a…

Q: What are the sources of foreign financing?

A: Foreign financing means capital or funds that are sourced from outside a country's borders to…

Q: explain what economists attribute so much attention to Real Exchange Rates? Provide an answer that…

A: Exchange rates are the rates in which one currency could be exchanged into the currency of another…

Q: what are some of the ethical pros and ethical cons concerning a conversion to Central Bank Digital…

A: Let's explore the ethical pros and cons of transitioning to Central Bank Digital Currency (CBDC):…

Q: Explore the concept of arbitrage on the currency exchange markets and critically evaluate with…

A: Arbitrage is the practice of purchasing and selling an item in numerous markets at the same time in…

Q: Should the Federal Reserve take the decision to introduce its own digital currency into circulation,…

A: Efficient policymaking: Because a digital dollar would be issued and managed entirely by the Fed, it…

Q: What is the effect of external transfers from expatriate employment on maintaining the stability of…

A: WHAT IS REMITTANCE? Remittance is an installment of cash that is moved to another gathering.…

Currency Market

The currency market, also known as the foreign exchange market, consists of currencies worldwide. This market determines the rate of all currencies based on the buying and selling of forex. It is an over-the-counter market. It is the largest and most liquid market based on trade volume.