Contra Trading

A contra transaction is defined as a transaction where a participating organisation allows its client to settle outstanding purchase positions against outstanding sale positions of the same securities where the orders in respect of the purchase and sale transactions are transacted within the period stipulated by the Fixed Delivery Settlement System (FDSS). For further details see: ISLAMIC CAPITAL MARKETS: Principles & Practices.

Total Fatwas : 0
No. Title





I-FIKR Sponsors