| Details | “Moazzal system of transaction is a simple transaction whereby the bank on credit sells certain properties goods to the customer on a fixed profit and the purchaser was required to repay the amount agreed within the stipulated time. This indicates that without any personal investment a purchaser may get some profit out of the business on the investment made by the bank. From this by Moazzal system of transaction it appears that one having no capital may earn profit by taking advantage of this system of banking.” [Islami Bank Bangladesh Ltd. Vs. Shohag Medicine Supply and others, 52 DLR (2000) 571] |
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