Hasna Umama (11220007)
Salam is a sale and
purchase contract basic in Islamic banks, it is well known that one of the
contract or the good buying and selling in Islamic banking is by an order with
certain conditions and payment is made in cash, called salam contract.
Salutation or greeting is also called the parallel, which means carrying out
two as-salamBa'i transactions and between banks, customers, and suppliers
(suppliers) or a third party is a stimulant. Salam financing is the provision
of funds or bills that can be equated. Good Buying and selling with cash
payment and full advance by agreement or contract between the bank and
customers to fulfill the obligations under the contract.
Juridical explanation of Article 19
paragraph (1) letter d of Act No. 21 of 2008 explains what is meant by the
contract regards as one of the business activities of the Islamic banks'
financing agreement with the ordering of goods and payment of the price is made
in advance with certain
conditions agreed ".
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