السلام عليكم ورحمة الله وبركاته

Dear Brother Ehsan,

I respect your efforts to search for a better alternative to Commodity 
Murabaha. I personally believe that the Islamic Finance Industry reached to a 
level where it more requires to diversify its services instead of confining 
just to its usual practices. However, as our honorable Dr. Samer has suggested, 
we should focus on other side of our financing which is equity based. I 
appreciate if you share the outline of the new product you are working on so as 
to come up with our inputs.

Regards,

Ikram


From: [email protected] [mailto:[email protected]] On 
Behalf Of Dr. Samer Kantakji
Sent: Tuesday, March 03, 2009 9:40 PM
To: [email protected]
Subject: {Kantakji Group}. Add '3729' Re: Short Term Liquidity Management 
Instrument

[cid:[email protected]]
السلام عليكم ورحمة الله
Dear Brother Ehsan,

I prefer to develope a new product that waste time in modify Murabaha forms. 
Murabaha depend on debit while other Islamic forms depending on contribution of 
production factors which are Labour and Capital.

لا تنس الصلاة على نبي الرحمة والدعاء الصالح للمسلمين..
Dr. Samer Kantakji
The Scandinavian University Chairman

website: www.e-su.no<http://www.e-su.no>
website: www.kantakji.com<http://www.kantakji.com/>
email:   [email protected]<mailto:[email protected]>
Mobile:  +963 944 273 000
Fax:      +963 33  230 772

From: [email protected] [mailto:[email protected]] On 
Behalf Of Ehsan Ahmad
Sent: Monday, March 02, 2009 3:06 PM
To: [email protected]
Subject: {Kantakji Group}. Add '3715' Short Term Liquidity Management 
Instrument-An alternative to Commodity Murabaha

Dear Members,
Until to date banks usually go on for Wakalah or Commodity Murabahah to manage 
their liquidity issues. Out of the two, Commodity Murabahah is a debatable 
instrument among the scholars. Scholars have shown their dissatisfaction and 
even those consenting to it are not whole heartedly happy.
I am developing an alternative to Commodity Murabahah. Inputs will provide a 
farther horizon in anticipating the problem and developing alternatives.
Regards/Salaam
Ehsan




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