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Part B Answer the followings in accordance with Solam and istisna. a. Discuss rulings regarding delivery of subject matter of Salam with respect to place, time, and quality of subject matter. b. In order to finance working capital of ABC PVT) Ltd., IB bank signed Istisna'a order with manufacturer of Tractors; ABC (PVT) Ltd. to manufacture 100 tractors for B, ABC also agreed to sell these tractors after manufacturing as an agent of the 18 using is tail distribution network. However, when ABC (PVT) Ltd delivered 100 tractors, the company refused to work as an agent to sell them in market on the grounds that istisna'a and agency were parallel and independent contracts. As Islamic banker, do you think IB has option to blacklist and sue ABC (PVT) Ltd, please argue? (Marks: 5+5=10) Part B Answer the followings in accordance with Solam and istisna. a. Discuss rulings regarding delivery of subject matter of Salam with respect to place, time, and quality of subject matter. b. In order to finance working capital of ABC PVT) Ltd., IB bank signed Istisna'a order with manufacturer of Tractors; ABC (PVT) Ltd. to manufacture 100 tractors for B, ABC also agreed to sell these tractors after manufacturing as an agent of the 18 using is tail distribution network. However, when ABC (PVT) Ltd delivered 100 tractors, the company refused to work as an agent to sell them in market on the grounds that istisna'a and agency were parallel and independent contracts. As Islamic banker, do you think IB has option to blacklist and sue ABC (PVT) Ltd, please argue? (Marks: 5+5=10)

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