Graded Discussion Board

Asset side of an Islamic bank is financed through different modes of Islamic financing, which totally depends on the need of the customer. The credit department of Islamic bank must focus on the customer’s needs and requirements to offer a suitable financing facility.

Consider the following situation and discuss which mode is suitable as per given requirements.

A manufacturer needs money to meet the working capital requirement.
A farmer needs money to pay the operating expenses for growing the crops.
A flour mill owner needs funds to purchase the raw material (i.e. wheat).
An exporter having a bill in USD which is going to be matured after 2 months is in need of Rupees now.
You being the Credit Officer of an Islamic bank required to analyze the customer’s requirement and discuss which mode is suitable for the given situations.

Important Instructions:

Your discussion must be based on logical facts.
Use the font style “Times New Roman” and font size “12”.
Keep your discussion relevant as irrelevant answers will not be graded.
Do not copy or exchange your answer with other students. Two identical / copied comments will be marked Zero (0) and may damage your grade in the course.
Obnoxious or ignoble answer should be strictly avoided.
Questions/queries related to the content of the GDB, which may be posted by the students on MDB or via e-mail, will not be replied till the due date of GDB is over.
Ø For Detailed Instructions please see the GDB Announcement