forward financing

forward financing

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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  • bai salam — (forward financing) A forward financing transaction, where the financial institution pays in advance for buying specified assets, which the seller will supply on a pre agreed date. Usually, the financier receives a discount for advance payment… …   Law dictionary

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  • salam sukuk — International sukuk al salam, Also known as salam sukuk or bai salam sukuk. Islamic finance instruments (sukuk) based on an underlying forward financing transaction where the financial institution pays in advance for buying specified assets,… …   Law dictionary

  • bai salam sukuk — International sukuk al salam, Also known as salam sukuk or bai salam sukuk. Islamic finance instruments (sukuk) based on an underlying forward financing transaction where the financial institution pays in advance for buying specified assets,… …   Law dictionary

  • bai-salam sukuk — International sukuk al salam, Also known as salam sukuk or bai salam sukuk. Islamic finance instruments (sukuk) based on an underlying forward financing transaction where the financial institution pays in advance for buying specified assets,… …   Law dictionary

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