Professional Documents
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Forward Contract
Forward Contract
REGULATIONS
FE
7)
Scenario 2: Incomplete
Transaction Closing Out
between the Booking and
Forward
Delivery
Date
Prior to or on the delivery date, importer indicates his
CONTD.
2)
3)
4)
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2)
3)
4)
5)
6)
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RELATED ISSUES
The need to identify scheduled banks to
2.
3.
4.
5.
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SBP APPROVAL
The transformation commission of
State Bank of Pakistan (with some
other Shariah scholars) approved
the following foreign currency
forward cover transaction. We
could do the same procedure for
our Araboon/Hamish Jiddiyyah
transaction of shares.
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CONCLUSIONS
Forward
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iv. If at the agreed time the party does not perform, the
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