Guidelines for Islamic Modes of Finance  

Press Release

April 15, 2005 

 

State Bank’s Shariah Board Approves
Essentials and Model Agreements for
Islamic Modes of Financing

BACK  
Essentials of Islamic Modes of Financing
Murabaha Facility Agreement
Musawamah Facility Agreement
Lease Agreement
Salam Agreement
Musharaka Investment Agreement
Istisna Agreement
Agreement for Interest free Loan
Mudaraba Financing Agreement
Syndication Mudaraba Agreement
In the Name of Allah, the Merciful, the Compassionate
MODEL SALAM AGREEMENT

Salam Document # 2


NOTICE OF DELIVERY

Date:__________________

To: ___________________
______________________
[Insert name and address of the Institution]

Dear Sirs,

Notice of Delivery of Goods [insert descriptions]

Reference to the above we are pleased to inform you that we are ready to deliver the Goods under the above-referred agreement as per the following details:

a) Delivery Date:
b) Place of delivery:
c) Description of the Goods:

Sr. No. Specification of Goods Quantity Sale Price
       

d) Additional remarks (if any):

Yours faithfully,

For and on Behalf of (Supplier)
______________________


GOODS RECEIVNG NOTE


Date:_____________
No. _____________

To:____________________
______________________
[Insert name and address of the Supplier]

Dear Sirs,

(1) We acknowledge having received the Goods as detailed in the Notice of Delivery aforesaid:

a) Date of Receipt:
b) Time:
c) Place of Delivery:
d) Description of Goods delivered:

Sr. No. Specification of Goods Quantity Sale Price

e) Additional remarks (if any):

(2) Subject to 1(e), we hereby confirm that there are no claims or liabilities against you.

Yours faithfully,


For and on Behalf of (Institution)
______________________

 
 

 

       
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