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?
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?
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Question 1 : 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?
Question 2 : Discuss the concept of money and modern paper currencies from Islamic point of view. Also discuss the concept of Fuloos and Fiat money and difference of opinion among Shariah scholars on it?
Transcribed Image Text:Q.2: 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.3: Discuss the concept of money and modern paper currencies from Islamic point of view. Also discuss
the concept of Fuloos and Fiat money and difference of opinion among Shariah scholars on it?
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