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Benefits of islamic letter of credit product

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Reference no: EM132921302

Royce Sdn. Bhd. is a chocolate manufacturing company in Bangsar. Royce Sdn. Bhd. is importing cocoa beans from Colombia. They would like to get an Islamic Letter of Credit facility offered by Al-Rajhi Islamic Bank. Discuss THREE (3) benefits of Islamic Letter of Credit product.

Reference no: EM132921302

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