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Saturday, October 6, 2012

D&d in INTERNATIONAL TRADE - STRUCTURING of a Mudharabah txn

UPDATE, October 2012: Matters Concluded in 2012.

Amirul HM Consulting & Services(AHM CREATES) had just(3rd Quarter 2011) structured a Mudharabah contract in an International Trade txn involving 2 countries I.e. Malaysia & China.


FACTS of the DEAL:
(1) Reference Currencies:
1. GOLD Dinar & Silver Dirham
2. Ringgit Malaysia
3. US Dollars

(2) Transaction Value:
40 Dinars & Dirham change

(3) Purpose of Al-Mudharabah:
The Mudharabah is for the purchase of vegetables in China, importing it into Malaysia and reselling the vegetables in the Malaysian market.

(4) Profit-Sharing Ratio(PSR)
Classified

(5) Misc. Items
1. Dirham Change: To avoid strict referencing to certain currencies, certain value added matters/services were included.
2. Documents:


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