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Documentary Credit For Murabaha Sales
It is not lawful for the bank to issue documentary credit to a company for the purpose of selling it goods before having purchased them from the...
 
The Client And Documentary Credit
Documentary credit may be issued based on the client's balance in his account with the bank provided the amount is sufficient to cover the entire...
 
Supporting Children
Both men and women are equally obligated to support their children until the child reaches adulthood, including those of their Muslim or non-Muslim...
 
Hierarchy Of Supporting One's Dependents
The right of one's mother comes before the right of one's father (respectively for grandparents, great grandparents, and their direct ascendants);...
 
Classification Of Gifts, Endowments And Charitable Contributions
Gifts, endowments and charitable contributions are classified according to the circumstances in which they are given:

1) Without a...
 
Items Sold By Weight
An item sold by weight includes anything that is customarily weighed before transacting, such as meat, grain and vegetables.
 
Transacting "Like" Items Sold By Weight
A transaction involving "like" items sold by weight (e.g. one type of wheat for another) is valid. When transacting any like goods sold by weight,...
 
Trading "Like" Items Sold By Weight But Different In Quality
When two "like" goods sold by weight are traded and whose difference in quality is substantial, they should first be denominated in cash.
 
Transacting Dissimilar Items Sold By Weight
It is permissible to trade two different goods of different weights (e.g. 1 kg of rice for 5 kg of wheat) and, if not transacted on spot, the goods...
 
Trading Inherently Similar But Customarily Dissimilar Items Sold By Weight
In cases where two products sold by weight are inherently similar to one another but the value addition to one makes it something that is...
 


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