Forwards

A forward contract is an agreement between two counter parties to buy or sell at a specified future time an asset for a certain price (the delivery price). The party that agrees to buy the underlying asset assumes a long position on the contract; the other party assumes a short position and consents to sell the asset on the same future date for the same delivery price. For further details see: GLOBAL DERIVATIVES: Products, Theory and Practice.


Forward Foreign Currency Transaction

Islamic Financial System ©

 

 


I-FIKR Sponsors