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
what is the difference between transferrable and non transferable LC?
latter of cedit expenses is debit and cash credit
The difference between Cash on Hand from Cash in Bank is that the cash is on our hand while the other one is that cash is not in our hand but in the bank. Serioulsy, I really dont know. Thank you very much!
cash book is the statement which contain's the total cash information . the information includes "cash in hand & cash at bank" petty cash book is maintain by company to meet their daily expenditure
what is lc opening?
what is the difference between transferrable and non transferable LC?
An import LC is one made with reference to the buyer but with an export LC, the LC is changed to that with reference to the Issuing bank. This gives a stronger guarantee of payment to the seller.
Deferred LC is very usefull for both importers and exporters. 1-Importer does not hav to pay in-advance when uses deferred lc 2-but exporter guarantees that he will get the payment in a certain time after shipment and also if he wants he can discount in on the same day or on any days when the LC is booked. 3- deferred LC helps to the buyer who does not have cash but has credit in his bank 4- deferred LC helps to the seller, so he does not have to look for a buyer who has only cash money.He can discount the LC with a very low cost anytime.
An outward LC is opened on behalf of a customer who wishes to import or buy goods. An Inward LC is opened by a foreign bank in favor of the exporter.
One difference between an SC and an LC connector is that an LC connecter is smaller in size than an SC connector. Also, an LC connector is considered a latch connector, whereas an SC connector is considered to be a push-pull connector.
The difference between an RC and LC is that the frequency - determining device in the RC oscillator is not a tank circuit. LC can operate with A or C biasing, while RC can only operate with A.
From merchandising point of view what features of master L/C
latter of cedit expenses is debit and cash credit
LC means coil capacitance circuit RC means resistance capacitance circuit
no
The difference between double side band long carrier (DSB LC) and double side band short carrier (DSB SC) is the is how the amplitude modulation (AM) is referenced in the carrier wave.
Two differences are the LC has an O ring at the cylinder base in addition to the regular gasket, and the LC regular base gasket is about a quarter the cost of the L model base gasket.