Difference between revisions of "Sakk"
Jump to navigation
Jump to search
m (Reverted edits by Mikezeschuk (Talk) to last version by JacobB) |
m (removed superfluous spaces) |
||
| Line 1: | Line 1: | ||
<br /> | <br /> | ||
| − | |||
A '''sakk''' was a [[letter of credit]] issued and honored by [[Islamic]] [[bank]]s to facilitate commercial transactions. <ref>[http://sukuk.net/news/articles/3/What_is_Sukuk_.html What is Sukuk? It is the plural form of a Sakk.]</ref> | A '''sakk''' was a [[letter of credit]] issued and honored by [[Islamic]] [[bank]]s to facilitate commercial transactions. <ref>[http://sukuk.net/news/articles/3/What_is_Sukuk_.html What is Sukuk? It is the plural form of a Sakk.]</ref> | ||
| − | |||
== References == | == References == | ||
{{reflist}} | {{reflist}} | ||
| − | |||
| − | |||
| − | |||
| − | |||
[[Category:Economics]] | [[Category:Economics]] | ||
[[Category:Islam]] | [[Category:Islam]] | ||
Revision as of 16:04, February 15, 2010
A sakk was a letter of credit issued and honored by Islamic banks to facilitate commercial transactions. [1]