Islamic Model of International Trade and Shipping

  • Mohd Ma’Sum Billah


It is an emergence in international trade and financing facilities, which are not be based on Riba. Nowadays, there are numerous of products and facilities for international trade and shipping have been introduced by Islamic Banks and also conventional banks which are not based on Riba, such Islamic Accepted Bill (IAB), Al-Murabahah Financing, Al-Musharakah Financing and also Islamic Export Credit Refinancing (IECR).


  1. Mahayudin, I. (1997). International Trade Operations—A Guide. BIMB Institute of Research and Training, Sdn Bhd.Google Scholar
  2. Meera, A. K. (2002). The Islamic Gold Dinar. Subang Jaya: Pelanduk Publications.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mohd Ma’Sum Billah
    • 1
  1. 1.Islamic Economics InstituteKing Abdulaziz UniversityJeddahSaudi Arabia

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