• In return letters of guarantee the guarantor bank to the beneficiary only and does not have to return to the client version of studentspeech.
• The basic principle is the guarantee that the creditor has aguaranteed right to ask the sponsor or principal, whichever is willing,bearing in mind that does not meet the right one so that only if taken from one of them was acquitted the other. But there is no reason whyin Islamic jurisprudence of the order of bail demanded that thecreditor or the debtor guarantor first, and if he refuses this partybecause the creditor on the other end. Thus, it can be said that thebeneficiary in the letter of guarantee may be required to choose the bank sponsor, and this is one of the acceptable cases.
التسميات
Letters of Guarantee