Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES

International trade and the movement of goods between parties living in different countries have spread in the last century and have become one of the fundamental features of the current trade. This proliferation of international contracts, of course, has its own problems. The problems of external I...

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Main Authors: Alamaren, Emad Mohammad Hussein, Md Ismail, Che Thalbi, Md. Nor, Mohd Zakhiri
Format: Article
Language:English
Published: Postgraduate ProgramState Islamic Institute (IAIN) of Metro, Lampung, Indonesia 2020
Subjects:
Online Access:https://repo.uum.edu.my/id/eprint/31356/1/IJIE%2002%2001%202020%2054-68.pdf
https://doi.org/10.32332/ijie.v2i01.2065
https://repo.uum.edu.my/id/eprint/31356/
https://e-journal.metrouniv.ac.id/index.php/IJIE/article/view/2065
https://doi.org/10.32332/ijie.v2i01.2065
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spelling my.uum.repo.313562024-08-29T11:17:55Z https://repo.uum.edu.my/id/eprint/31356/ Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES Alamaren, Emad Mohammad Hussein Md Ismail, Che Thalbi Md. Nor, Mohd Zakhiri K Law (General) International trade and the movement of goods between parties living in different countries have spread in the last century and have become one of the fundamental features of the current trade. This proliferation of international contracts, of course, has its own problems. The problems of external Islamic or conventional letters of credit affect export, since letters of credit are considered a valuable tool used in financing foreign trade operations. Therefore, the problems faced by exporters in letter of credit reflect on and impact trade in general. Thus, the fewer the credit problems are, the more active foreign trade especially export will be. But if problems are relatively large, exports will contract. This study attempts to identify the problems of external and internal letters of credit facing the Jordanian traders and Jordanian Islamic and conventional banks, and to analyze them in an organized scientific manner, then proposing the appropriate recommendations to address these problems Postgraduate ProgramState Islamic Institute (IAIN) of Metro, Lampung, Indonesia 2020 Article PeerReviewed application/pdf en cc4_by_sa https://repo.uum.edu.my/id/eprint/31356/1/IJIE%2002%2001%202020%2054-68.pdf Alamaren, Emad Mohammad Hussein and Md Ismail, Che Thalbi and Md. Nor, Mohd Zakhiri (2020) Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES. International Journal of Islamic Economics, 2 (1). pp. 54-68. ISSN 2686-2131 https://e-journal.metrouniv.ac.id/index.php/IJIE/article/view/2065 https://doi.org/10.32332/ijie.v2i01.2065 https://doi.org/10.32332/ijie.v2i01.2065
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutional Repository
url_provider http://repo.uum.edu.my/
language English
topic K Law (General)
spellingShingle K Law (General)
Alamaren, Emad Mohammad Hussein
Md Ismail, Che Thalbi
Md. Nor, Mohd Zakhiri
Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES
description International trade and the movement of goods between parties living in different countries have spread in the last century and have become one of the fundamental features of the current trade. This proliferation of international contracts, of course, has its own problems. The problems of external Islamic or conventional letters of credit affect export, since letters of credit are considered a valuable tool used in financing foreign trade operations. Therefore, the problems faced by exporters in letter of credit reflect on and impact trade in general. Thus, the fewer the credit problems are, the more active foreign trade especially export will be. But if problems are relatively large, exports will contract. This study attempts to identify the problems of external and internal letters of credit facing the Jordanian traders and Jordanian Islamic and conventional banks, and to analyze them in an organized scientific manner, then proposing the appropriate recommendations to address these problems
format Article
author Alamaren, Emad Mohammad Hussein
Md Ismail, Che Thalbi
Md. Nor, Mohd Zakhiri
author_facet Alamaren, Emad Mohammad Hussein
Md Ismail, Che Thalbi
Md. Nor, Mohd Zakhiri
author_sort Alamaren, Emad Mohammad Hussein
title Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES
title_short Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES
title_full Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES
title_fullStr Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES
title_full_unstemmed Risks and Remedy in Islamic and Conventional Letter of Credit:Jordanian Practices JORDANIAN PRACTICES
title_sort risks and remedy in islamic and conventional letter of credit:jordanian practices jordanian practices
publisher Postgraduate ProgramState Islamic Institute (IAIN) of Metro, Lampung, Indonesia
publishDate 2020
url https://repo.uum.edu.my/id/eprint/31356/1/IJIE%2002%2001%202020%2054-68.pdf
https://doi.org/10.32332/ijie.v2i01.2065
https://repo.uum.edu.my/id/eprint/31356/
https://e-journal.metrouniv.ac.id/index.php/IJIE/article/view/2065
https://doi.org/10.32332/ijie.v2i01.2065
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score 13.211869