The Creditworthiness of the Counterparties as Well as the Sharī'ah

question 140

True/False

The creditworthiness of the counterparties as well as the Sharī'ah compliance of newly proposed business projects should be properly reviewed and established once the credit has been approved to respective party.

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Definitions:

Visual Diagram

A graphical representation of systems, processes, or data structures designed to communicate complex information clearly and efficiently.

Decisions

The process of making choices or coming to conclusions after considering relevant data, criteria, and alternatives.

Running A Program

The process of executing the instructions contained within a software application by a computer.

Errors

Mistakes or inaccuracies in data processing, calculations, or any form of measurement, often leading to incorrect results or conclusions.