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:
~ REVIVING Commodity / Value-based CURRENCY & Commodity-based TRADING (including BARTER transaction) ~ [Surah AL-BAQARAH, 279: And if you do not, then be warned of a WAR (against you) from Allah and His messenger. And if you repent, then you have your principal (without interest). Wrong not, and you shall not be wronged ].
Showing posts with label AHM CREATES. Show all posts
Showing posts with label AHM CREATES. Show all posts
Saturday, October 6, 2012
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