It is not permissible for the bank to increase the profit margin if the promising buyer unilaterally postpones the purchase. The bank should take...
Murabaha Transaction With An Interest-Based Bank
Such a transaction is permissible in principle. However, in practical execution, there are a number of Shariah considerations involved. Therefore,...
Such a transaction is permissible in principle. However, in practical execution, there are a number of Shariah considerations involved. Therefore,...
Limitations Of Rebate In Murabaha
The bank may grant a client a rebate on the price of the Murabaha at its own discretion. However, this cannot be made a practice, stipulated as a...
The bank may grant a client a rebate on the price of the Murabaha at its own discretion. However, this cannot be made a practice, stipulated as a...
Investment Stage In Murabaha
This is the stage that begins after signing the agency agreement. It is the time period during which the bank disburses the money for purchasing...
This is the stage that begins after signing the agency agreement. It is the time period during which the bank disburses the money for purchasing...
Security In A Murabaha
According to AAOIFI Shariah Standard 8 (Murabaha), Clause 5: “The institution should ask the customer to provide lawful security…the institution...
According to AAOIFI Shariah Standard 8 (Murabaha), Clause 5: “The institution should ask the customer to provide lawful security…the institution...
Murabaha Asset As Security
AAOIFI, the most widely followed Islamic finance standard in the world, provides detail on this question in its Shariah standard on Murabaha. The...
AAOIFI, the most widely followed Islamic finance standard in the world, provides detail on this question in its Shariah standard on Murabaha. The...
Murabaha Security
Typically, a Murabaha is used for short-term financings while for long-term financings Ijarah, Musharakah, and other structures are used. You may...
Typically, a Murabaha is used for short-term financings while for long-term financings Ijarah, Musharakah, and other structures are used. You may...
Murabaha Security Deposit
Arbun refers to a down payment and Hamish Jiddiah refers to a collateral. Both are permissible to ask the client to provide in a Murabaha. In the...
Arbun refers to a down payment and Hamish Jiddiah refers to a collateral. Both are permissible to ask the client to provide in a Murabaha. In the...
Master Murabaha Facility Agreement
If what is meant is the Agreement available at www.EthicaInstitute.com, in section 2.01 it says “Upon receipt by the Institution of the Client's...
If what is meant is the Agreement available at www.EthicaInstitute.com, in section 2.01 it says “Upon receipt by the Institution of the Client's...
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