Simplified Shariah Structures Guide: Salam

In this simple guide, we will look at the following:

What is Salam?
Benefits of Salam
Key terms of Salam
Key requirements of Salam
Contemporary Applications of Salam
What is Salam?
Salam is a sale whereby the seller undertakes to supply some specific goods to the buyer at a future date in exchange of an advanced price fully paid at spot.