CDCS study materials

CDCS study materials-Transferable credits, back-to-back credits and assignment of proceeds

CDCS study materials-Transferable credits, back-to-back credits and assignment of proceeds Chapter-19 19.1 Transferable documentary credits Transferable documentary credits are one of the more common types of documentary credit. There are a number of similarities with (and differences to) back-to-back documentary credits, which are reviewed in section 19.2. In its simplest […]

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Islamic Financial Institutions

Islamic Financial Institutions: International and National

Islamic Financial Institutions: International and National 1. Islamic Development Bank (IDB) a. Establishment The idea of establishing an international financial institution for Muslim counties was discussed in the late 1960s by the Organization of Islamic Conference (QIC) Working papers were circulated and proposals made, but no concerted action was taken until the first […]

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