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.

Question

Quizplus · Accepted Answer

The creditworthiness of the counterparties and the Sharī'ah compliance of newly proposed business projects should be reviewed and established before the credit is approved, not after, to ensure that the risks are assessed and managed appropriately.

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