Question: Assalamualikum mufti sb, Maaf for this question.. Wanted to know is a ‘golden shower’ …
Read More »CURRENCY FORWARD EXCHANGE
Question: Assalaamu Alaikum Kindly advise on below transaction. I usually sell Malawian Kwacha in exchange of dollars payable after 3 months. So, for example A sells B K100 million at the exchange rate of $1=K1000, so B owes A $100,000. The Kwachas are given immediately. After 3 months, A asks …
Read More »