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Decreasing Price Of Murabaha By Insurance Compensation Received It is obligatory to decrease the price of a Murabaha contract by the amount of any insurance compensation received in lieu of damage to the goods....
	It is obligatory to decrease the price of a Murabaha contract by the amount of any insurance compensation received in lieu of damage to the goods....

Decreasing Murabaha Price By Discount Received By Seller Any discount earned by the seller in the course of buying and acquiring goods to be sold under a Murabaha should be netted off from the cost of...
	Any discount earned by the seller in the course of buying and acquiring goods to be sold under a Murabaha should be netted off from the cost of...

Floating Murabaha Installments Based On Market Price Of Goods It is not permissible to benchmark Murabaha installments on the current market price of goods. A Murabaha is a sale of goods in which the cost and...
	It is not permissible to benchmark Murabaha installments on the current market price of goods. A Murabaha is a sale of goods in which the cost and...

Price Of Murabaha The following factors must be taken into consideration in determining the price of a Murabaha: • The price must be established as a lump...
	The following factors must be taken into consideration in determining the price of a Murabaha: • The price must be established as a lump...

Increasing Profit Rate In Return For Advance Payment To Exporter The profit margin in a Murabaha contract is decided on the basis of mutual agreement and the Shariah has not prescribed any limits barring...
	The profit margin in a Murabaha contract is decided on the basis of mutual agreement and the Shariah has not prescribed any limits barring...

Profit Recognition In Murabaha Since Murabaha is a cost-plus sale, profits are measurable and known at the contract date. Therefore, it is permissible to accrue the total amount...
	Since Murabaha is a cost-plus sale, profits are measurable and known at the contract date. Therefore, it is permissible to accrue the total amount...

Profit On Murabaha Contract Linked To Time It is impermissible to link profit to time. Profit is part of the Murabaha price and cannot be separated over time. It is permissible to take into...
	It is impermissible to link profit to time. Profit is part of the Murabaha price and cannot be separated over time. It is permissible to take into...

Identification Of Sale Asset In Murabaha Contract It is a condition in a Murabaha contract that the asset be known and identified and that its original price and all costs incurred by the original...
	It is a condition in a Murabaha contract that the asset be known and identified and that its original price and all costs incurred by the original...

Purchase Of Goods For Sale Under Murabaha Before Execution Of Murabaha Contract It is necessary for the bank to first contract with its client to ensure the client's commitment to purchase the goods.
	It is necessary for the bank to first contract with its client to ensure the client's commitment to purchase the goods.

Participating In Profits Of Murabaha Client It is impermissible to receive any share of the profits of a Murabaha client and it is not permissible to add any such clause in a Murabaha contract.
	It is impermissible to receive any share of the profits of a Murabaha client and it is not permissible to add any such clause in a Murabaha contract.

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