Presentation - Mohammed Amin's website
Presentation - Mohammed Amin's website
Presentation - Mohammed Amin's website
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Salaam<br />
Overseas<br />
Frontier<br />
Bank<br />
Promise to purchase the<br />
goods when they become<br />
available - wad<br />
Your country<br />
Goods produced<br />
and delivered in<br />
12 months time<br />
100<br />
paid<br />
today<br />
Supplier of goods capable<br />
of being fully specified<br />
e.g. farmer<br />
Salam contract<br />
Goods sold and<br />
delivered in 12<br />
months time<br />
105 paid in 12<br />
months time<br />
Customer seeking<br />
goods in future for<br />
own use or trade,<br />
requiring finance<br />
Slide 18