Bay al Salam

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Bay al Salam

In Islamic finance, a sale in which delivery is deferred until some stated date in the future. It is used for agricultural products and other fungibles. In order to comply with the sharia, a salam contract must specify the quality of the good to be delivered, and payment must be made at the time the contract is entered.
References in periodicals archive ?
The copywriters were also very knowledgeable about design, which helped a lot," Salam said.
It will be a pleasure for us to unite our strengths and the legacy of the Salam Stores brand in the region with the distinctiveness and aspirations of Mall of Qatar," said Abu-Issa.
Salam Technology specialises in IT, audiovisual, security, office automation and telecommunications, and has nearly 30 years of cumulative experience.
Salam Ya Seghar will work hand-in-hand with the Palestinian Ministry of Health, Gaza Association for Culture and Arts, Palestinian Children's Relief Fund, the Development Centre, National Association for the Rehabilitation of Persons with Disabilities and Care Centre for Special Groups.
Al Salam Bank chairperson Shaikha Hessa bint Khalifa Al Khalifa said the offer is subject to approval by Al Salam shareholders in their proposed Extraordinary General Assembly Meeting.
Residents chased Abdel Salam to his four-level house.
Tammam Salam on Saturday became Lebanon's premier-designate after receiving 124 votes in the two-day parliamentary consultations as Lebanon's parties began looking ahead to government formation.
Speaking after a meeting for the bloc, Berri said: "Development and Liberation parliamentary bloc nominates Tamam Salam for heading a consensual national government.
Salam, who is the son of the late former Prime Minister Saeb Salam, is seen as a consensus figure.
Parliamentary representatives were to begin submitting their nominations for the post to President Michel Sleiman on Friday afternoon, with Salam winning the endorsement of the opposition March 14 coalition and Walid Jumblatt, the veteran kingmaker who leads Lebanon's Druze community.
Dr Salam has come into lime light once again after the discovery of an atomic particle last year, which Salam had predicted some 35 years ago on the basis of his calculations.
I use Al Salam Street to get to and from work everyday, and spend nearly 40 minutes caught up in traffic jams along the street," said R.