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IFN Indonesia Forum 2022

Salam

English: advance purchase

Alternate spelling: Al Salam, Bai al Salam, Bai Salam

Definition: Advance payment for goods which are to be delivered at a specified future date. Under normal circumstances, a sale cannot be effected unless the goods are in existence at the time of the bargain. However, this type of sale is an exception, provided the goods are defined and the date of delivery is fixed. The objects of sale must be tangible goods that can be defined as to quantity, quality and workmanship.

This mode of financing is often applied in the agricultural sector, where the bank advances money for various inputs to receive a share in the crop, which it then sells.

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News related to Salam (2,967)

SALAMA wins case

Tuesday, 27 Sep 2022 | Volume19.Issue39

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Gambia issues Sukuk Salam

Monday, 26 Sep 2022 | Volume19.Issue39

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SALAMA sells Salama KSA shares

Thursday, 22 Sep 2022 | Volume19.Issue39

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Salama concludes fractional share sale

Friday, 16 Sep 2022 | Volume19.Issue38

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Al Salam partners with Eskan Bank

Wednesday, 14 Sep 2022 | Volume19.Issue38

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CBB’s Sukuk Salam fully subscribed

Tuesday, 13 Sep 2022 | Volume19.Issue37

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SALAMA to provide digital-driven services

Friday, 09 Sep 2022 | Volume19.Issue37

Takaful News

Al Salam Bank

Friday, 09 Sep 2022 | Volume19.Issue37

Moves

Gambia prints three Sukuk Salam facilities

Tuesday, 06 Sep 2022 | Volume19.Issue36

Deals

Salama board recommends capital increase

Thursday, 18 Aug 2022 | Volume19.Issue34

Takaful News

CBB’s Sukuk Salam oversubscribed

Tuesday, 16 Aug 2022 | Volume19.Issue33

Deals

SALAMA mulls capital reduction

Tuesday, 09 Aug 2022 | Volume19.Issue32

Takaful News

Gambia issues Sukuk Salam

Wednesday, 03 Aug 2022 | Volume19.Issue32

Deals

Al Salam Bank implements RPA

Wednesday, 03 Aug 2022 | Volume19.Issue32

News Briefs

CMA approves Salama capital reduction

Friday, 22 Jul 2022 | Volume19.Issue30

Takaful News

S&P maintains CreditWatch negative on SALAMA

Friday, 22 Jul 2022 | Volume19.Issue30

Rating Updates

SALAMA partners with Bayzat

Tuesday, 12 Jul 2022 | Volume19.Issue28

Takaful News

Operational considerations about financing housing sector through Sukuk Salam

Monday, 11 Jul 2022 | Volume19.Issue28

IFN Correspondent Reports

CBB’s Sukuk Salam oversubscribed

Friday, 08 Jul 2022 | Volume19.Issue28

Deals

CBG’s Sukuk Salam oversubscribed

Thursday, 07 Jul 2022 | Volume19.Issue28

Deals

CBB’s Sukuk Ijarah and Sukuk Salam oversubscribed

Wednesday, 06 Jul 2022 | Volume19.Issue28

Deals

Al Salam and Ithmaar sign agreements

Monday, 04 Jul 2022 | Volume19.Issue27

News Briefs

SALAMA partners with Wellx

Thursday, 23 Jun 2022 | Volume19.Issue26

Takaful News

CBB’s Sukuk Salam oversubscribed

Friday, 17 Jun 2022 | Volume19.Issue25

Deals

SALAMA partners with Policybazaar

Thursday, 16 Jun 2022 | Volume19.Issue25

Takaful News

Al Salam Bank opens new branch

Wednesday, 15 Jun 2022 | Volume19.Issue25

News Briefs

Al Salam launches account

Wednesday, 08 Jun 2022 | Volume19.Issue24

Takaful News

Al Salam Bank opens educational mock-up branch

Monday, 30 May 2022 | Volume19.Issue22

News Briefs

Al Salam launches new platform

Monday, 30 May 2022 | Volume19.Issue22

News Briefs

CBG’s Sukuk Salam oversubscribed

Wednesday, 25 May 2022 | Volume19.Issue22

Deals

SAMA approves Salama’s capital reduction

Tuesday, 24 May 2022 | Volume19.Issue21

Takaful News

CBB’s Sukuk Salam oversubscribed

Tuesday, 17 May 2022 | Volume19.Issue20

Deals

Al Salam Bank-Bahrain

Friday, 13 May 2022 | Volume19.Issue20

Results

CBG’s Sukuk Salam oversubscribed

Wednesday, 11 May 2022 | Volume19.Issue20

Deals

Salama Cooperative to submit plan

Wednesday, 27 Apr 2022 | Volume19.Issue18

Takaful News

SALAMA partners with ADRO

Wednesday, 27 Apr 2022 | Volume19.Issue18

Takaful News

Al Salam acquires shares

Wednesday, 13 Apr 2022 | Volume19.Issue16

News Briefs

CBB issues 252nd Sukuk Salam

Tuesday, 12 Apr 2022 | Volume19.Issue15

Deals

Al Salam Bank acquires shares

Friday, 08 Apr 2022 | Volume19.Issue15

News Briefs

Salama appoints financial advisor

Wednesday, 06 Apr 2022 | Volume19.Issue15

Takaful News

SALAMA

Monday, 04 Apr 2022 | Volume19.Issue14

Moves

Al Salam Bank-Sudan

Friday, 01 Apr 2022 | Volume19.Issue14

Results

Al Salam Bank purchase shares

Wednesday, 30 Mar 2022 | Volume19.Issue14

News Briefs

Salama Cooperative Insurance Co

Friday, 25 Mar 2022 | Volume19.Issue13

Results

Salam requests capital decrease

Friday, 18 Mar 2022 | Volume19.Issue12

Takaful News

Court dismisses actions against SALAMA

Thursday, 17 Mar 2022 | Volume19.Issue12

Takaful News

CBB’s Sukuk Salam oversubscribed

Wednesday, 16 Mar 2022 | Volume19.Issue12

Deals

Salama Cooperative Insurance Company

Monday, 28 Feb 2022 | Volume19.Issue09

Results

Al Salam launches new program

Friday, 25 Feb 2022 | Volume19.Issue09

News Briefs

Al Salam Bank-Bahrain

Friday, 18 Feb 2022 | Volume19.Issue08

Results