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Murabaha Contract Bound By Time
It is permissible to set a time period for a Murabaha sale contract made with a promising buyer if agreed upon by both parties.
 
Selling Air Tickets Under Murabaha
It is permissible to sell air tickets under a Murabaha contract. It is best, however, to seek a Shariah opinion on the specific contract before its...
 
Selling Damaged Goods Under Murabaha
It is permissible to sell all permissible goods under Murabaha, provided that both parties to the contract agree upon the terms and the contract is...
 
Insignificant Damage In Murabaha
If credit is extended for a Murabaha deal, then it is necessary to deduct the amount of damage however insignificant, from the price in addition to...
 
Murabaha: Mark-Up Financing
Murabaha agreements have a seller, usually a bank, buy an asset from a third party and sell it at cost plus some agreed upon profit to a buyer,...
 
Financing With Murabaha
A client approaches a bank to enter into a Murabaha agreement to purchase an asset. The bank agrees and promises to sell the asset at its list...
 
Liability Of Bank As Regards Goods To Be Sold Under Murabaha
The liability of the bank as regards goods to be sold under a Murabaha contract ends once the goods are delivered to the client. In case of...
 
Responsibility Of Bank As Regards Purchase Of Goods Under Murabaha
The bank is bound to acquire the goods exactly as requested by the buyer. Due care and precaution should be exercised in buying the goods. The bank...
 
Invoice For Purchase Of Goods Under Murabaha Issued In The Name Of The Client
In a Murabaha contract, the bank purchases goods requested and sells them to the buyer. It is an integral of the contract that the bank purchases...
 
Murabaha As A Sale Of Unpossessed Items
A Murabaha is not a sale of an unpossessed item because the contract of sale with the buyer is only concluded once the actual possession and...
 


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