BA

It has been found that conventional liquidity management instruments-like Treasury bills, Repos, Bankers' Acceptances, Commercial Papers, Negotiable Certificate of Deposits, etc.-all are debt-based securities, therefore, are not Shari'ah compliant due to the involvement of Islamically prohibited Bay' al-Dayn.

Table 1, taken from Meulendyke (1998), shows that bankers' acceptances were the primary asset class for the Federal Reserve portfolio until World War I, and acceptances had a roughly equal presence with Treasury securities through the 1920s.

will, in turn, use the funds received under the bankers' acceptance to pay the Foreign Mfg.

Gross bank assets, including bankers' acceptances, and Gross credit increased by 1.4 per cent and 0.3 per cent respectively.

Gross bank assets, including bankers' acceptances, increased by 0.9 per cent, rising from AED2711.7 billion at the end of April 2018 to AED2735.6 billion at the end of May 2018.

Within TSF, there was a sharp jump in bond issuance and drops in entrusted loans, trust loans and bankers' acceptances in March.

The regression results above, shows that a positive relationship exists between money supply and Treasury Bills (TB), Treasury Certificates (TC), Certificates of Deposit (CD), and Bankers' Acceptances (BA) as explanatory variables.

Global trade groups at leading banks specializing in global finance assistance provide trade services such as LCs, collections, bankers' acceptances, and risk mitigation tools.

Other amounts, such as discounts on bankers' acceptances or promissory notes, are not interest since there is no underlying debt.

We compare the rates (yields) on bankers' acceptances to the rates on certificates of deposits (CDs), financial commercial paper (CP), and eurodollar deposits (EDs).