Difference between revisions of "Sakk"
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| − | A '''sakk'' was a [[letter of credit]] issued and honored by Islamic [[bank]]s to facilitate commercial [[transaction]]s. | + | A '''sakk''' was a [[letter of credit]] issued and honored by Islamic [[bank]]s to facilitate commercial [[transaction]]s. |
Revision as of 17:41, August 13, 2007
A sakk was a letter of credit issued and honored by Islamic banks to facilitate commercial transactions.