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Possession of Currency
Granting a cheque payable on demand and without post dating it, or even ordering a payment without deferment over the telephone may be considered...
Granting a cheque payable on demand and without post dating it, or even ordering a payment without deferment over the telephone may be considered...
International Rates Of Exchange
If the client wishes to deposit foreign currency in his account, it is permissible for the bank to purchase the cash in that foreign currency and...
If the client wishes to deposit foreign currency in his account, it is permissible for the bank to purchase the cash in that foreign currency and...
It is not lawful to exchange notes with deferred payments for the currency in which they were originally issued or for any other currency, as an...
Mutual Promises In Exchange
It is not permissible for a mutual promise in the exchange of currencies to be binding. If the promise is not binding on both parties, the exchange...
It is not permissible for a mutual promise in the exchange of currencies to be binding. If the promise is not binding on both parties, the exchange...
Bearing Costs Of Exchange
The one to whom the cheque is written bears the cost of the exchange since he is the one carrying out the exchange.
The one to whom the cheque is written bears the cost of the exchange since he is the one carrying out the exchange.
Deferred Payments For Platinum
It is permissible to deal in platinum on the basis of deferred payments as it is not the same as gold or silver and the conditions applying to...
It is permissible to deal in platinum on the basis of deferred payments as it is not the same as gold or silver and the conditions applying to...
Yes, it is permissible to sell precious metals and stones other than gold or silver on deferred payment.
Mutual Promises To Buy Or Sell
A mutual promise such as this if binding on both parties is subject to the general prohibition against the sale of debt for debt and is therefore...
A mutual promise such as this if binding on both parties is subject to the general prohibition against the sale of debt for debt and is therefore...
Replenishing Overdrawn Accounts
If accounts in a certain currency become overdrawn while there are positive balances in other currency accounts, the client may request the bank to...
If accounts in a certain currency become overdrawn while there are positive balances in other currency accounts, the client may request the bank to...
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