In an Istisnaa contract, the manufacturer promises to deliver the specifically manufactured asset at an/a: a. Unspecified
Question:
In an Istisna’a contract, the manufacturer promises to deliver the specifically manufactured asset at an/a:
a. Unspecified date but pre-set price
b. Specific date and fair value price at the time of delivery of the product
c. Within one year at the fair value price at that time
d. Specific date at a pre-set price
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Financial Reporting For Islamic Financial Institutions Accounting Standards Interpretation And Application
ISBN: 9781032464022
1st Edition
Authors: Abdul Rauf Mahar, Ayesha Bhatti, Muhammad Junaid Ashraf, Asfand Zubair Malik
Question Posted: