Modes of financing                                                                                                     


 It is contract of sale in which the seller declares his cost and the profit .



 Musharaka means relationship established under contract by the mutual consent of the parties for sharing of profits and losses in the joint business  .



 Aform of partnership where one party provides the funds while the other provides expertise and management .



 Is a contract in which a party undertakes to produce specific thing which is possible to be made according to a certain agreed upon specifications at determined price and for fixed date of delivery .



 Salam means a contract in which advance payment is made for goods to be delivered later on




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Currency Rate
  • Japanese Yen                Sell       0.3942   Buy    0.3978
  • Saudi Riyal                Sell       12.6667   Buy    12.73
  • U.A.E Dirham                Sell       12.9329   Buy    12.9976
  • Riyal Qatar                Sell       13.0014   Buy    13.1625
  • US Dollar                Sell       47.5   Buy    47.7375
  • EUR                Sell       54.0355   Buy    54.3057
  • Sterling Pound                Sell       62.7758   Buy    62.9998
  • Omani Riyal                Sell       123.3223   Buy    124.0245
  • Bahrain Dinar                Sell       125.9925   Buy    126.685
  • Kuwait Dinar                Sell       155.0466   Buy    155.8222
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