Food Banking in an Islamic Economy Era
- 1. 2. Salam : 100%
Payment
3 Salam
(completed) :
delivery of goods
Financier
Farmer
1. Wa’d :
Purchase
Agreement
5. Mudharabah
partner payment
seClement 6-‐month
term
6. CIF to Trade Partner
Trade
Partner
Warehouse
4 : Musharakah
. Goods receivable
. Receipt
. AuthorizaQon
SALAM
BANKING
MODEL
2
3
1
2b Wakalah :
engaged to monitor
producQon
Industry
Expert
Contract
One
Contract
Two
Party 1
Party 3
Party 2