By Muhammad Zeeshan Farrukh
Abstract
The modes of Salam and Istisna’a are the exceptional sales that help Islamic Financial Institutions (IFIs) to cater to the needs of those customers who require working capital financing to produce or manufacture something.
Keeping in view the conditions and guidelines for execution of Salam and Istisna’a transactions; this rticle is based upon the evaluation of different ways and possibilities to find the best possible way, upon which he product might be structured by Islamic Financial Institutions to meet the financial requirements of the customer with the special consideration of coverage of unique risks in these transactions.
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