Islamic Accepted Bills

Mohd Ma’Sum Billah
Additional contact information
Mohd Ma’Sum Billah: King Abdulaziz University

Chapter Chapter 16 in Islamic Financial Products, 2019, pp 217-226 from Springer

Abstract: Abstract Islamic Accepted Bill (IAB) is one of the Islamic financial instruments that are traded in Islamic Inter-bank Money Market (IIMM). IABs are traded based on Murabahah and Bay’ al Dayn concepts similar to the other financial instruments such as Green-bankers acceptances, Islamic mortgage bonds and Islamic private debt securities. The IIMM, in turn, is the place where a set of activities are carried out including purchase and sale of Islamic financial instruments among market participants, inter-bank investment activities and a cheque clearing and settlement.

Date: 2019
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-17624-2_16

Ordering information: This item can be ordered from
http://www.springer.com/9783030176242

DOI: 10.1007/978-3-030-17624-2_16

Access Statistics for this chapter

More chapters in Springer Books from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().