News

Islamic UPAS Letters of Credit

27/09/2023

A document explaining the above, which can be downloaded from the link below, has been authored by Mr. Abdul Qadir Kasir, Group Head of Internal Sharia'a Control and Mr. IIqbal Karmally, SVP and Head of Trade Finance at Sharjah Islamic Bank, Sharjau, UAE. Our grateful thanks to Abdul and Iqbal for providing this valuable document.

Islamic UPAS Credits.pdf 


Back to recent news

Recent News

Summer 2026 Newsletter added to Members Trade Information Section 29/07/2026

The latest (Summer 2026) newsletter has been added to the Newsletter section of the Members Trade Information section and reflects on the discussions at the recent ICC Banking Commission meeting including the 6 Opinions that were approved...more

Enabling digital trade through legal reform: A guide for policymakers and practitioners 12/05/2026

The ICC’s Digital Standards Initiative recently published a new MLETR implementation guide “Enabling digital trade through legal reform: A guide for policymakers and practitioners”, to support adoption of legally recognised electronic transferable records...more