Is it Allowed for KFH to Purchase an Ownership Certificate for Metals on Spot Basis and Sell it to the Purchase Undertaker on Deferred Basis With an Attendant Price Differential?

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Question: What is the ruling on involvement in WestLB Forfaiting Fund that operates as follows: First: KFH purchases an ownership certificate for metals (not including gold or silver) by spot cash payment. Second: KFH sells this certificate to the purchase...
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