Is It Allowed for KFH to Appoint Another Bank as Its Agent to Purchase a Commodity Through Salam Contract and then Sell It to itself at a Pre-agreed Price?

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Question: KFH is going to appoint Chase Manhattan Bank (CMB) as its agent to purchase natural gas―through a salam (spot payment for deferred delivery) contract―from one of the natural gas production companies in the USA. The purchase price is fully...
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