Islamic Letter of Credit
Islamic Letter of Credit
Section titled “Islamic Letter of Credit”Islamic letter of credit rail for facilitating international trade through Shariah-compliant documentary credit arrangements. The issuing bank acts as Wakil (agent) for the applicant and provides a Kafalah (guarantee) to the beneficiary, ensuring payment upon presentation of compliant documents. Supports sight LCs, usance LCs (using Murabaha for deferred payment), standby LCs, and back-to-back LC structures commonly used in cross-border commodity trade, manufacturing imports, and international commercial transactions.
Endpoints
Section titled “Endpoints”Refer to the API Explorer for interactive endpoint documentation.
Authentication
Section titled “Authentication”All endpoints require authentication via Bearer token or API key.
Rate Limiting
Section titled “Rate Limiting”Standard rate limits apply. See Rate Limiting for details.