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Murhaba lc and cash lc difference?

Updated: 9/17/2023
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11y ago

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I guess the question itself is written in a wrong way, i guess that the question means Murabaha not murahba since there is nothing called "murahba LC", but there is "Murabaha LC" or to be adequate "LC Murabaha"

This is a sharia compliant product used in importing goods through islamic banks or financing companies.

It is differ from Cash LC that the later requires the LC amount to be ready with the importer while the other option Murabaha will be financed by the Bank

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11y ago
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Q: Murhaba lc and cash lc difference?
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