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Profit Rate Contingent Upon Repayment Period It is permissible to make profit contingent upon the repayment period. However, the amount of profit should be decided at the time of contracting....
	It is permissible to make profit contingent upon the repayment period. However, the amount of profit should be decided at the time of contracting....

Profit Distribution In Event Of Cancellation Of Murabaha It is permissible for the bank to retain profits accrued for the period up to the cancellation of the Murabaha contract.
	It is permissible for the bank to retain profits accrued for the period up to the cancellation of the Murabaha contract.

Return Or Replacement Of Goods Sold Under Murabaha It is permissible for the buyer and owner of goods to enter into such an agreement, as it is independent from the Murabaha transaction. Such a...
	It is permissible for the buyer and owner of goods to enter into such an agreement, as it is independent from the Murabaha transaction. Such a...

Selling Independently-Bought Goods Under Murabaha It is not permissible to sell goods under Murabaha that were bought before entering into any Murabaha contract with the seller. Murabaha is a...
	It is not permissible to sell goods under Murabaha that were bought before entering into any Murabaha contract with the seller. Murabaha is a...

Damage To Goods Bought Under Murabaha Before Delivery To Buyer In case goods bought by a bank under a Murabaha agreement with a client are damaged before delivery to the client, the bank is liable to make good...
	In case goods bought by a bank under a Murabaha agreement with a client are damaged before delivery to the client, the bank is liable to make good...

Murabaha Sale On Goods Not Bought By Seller The described transaction is not a valid Murabaha transaction and, furthermore, is unlawful in the Shariah. A Murabaha entails selling a particular...
	The described transaction is not a valid Murabaha transaction and, furthermore, is unlawful in the Shariah. A Murabaha entails selling a particular...

Unregistered Property Sold Under Murabaha It is permissible to sell the asset in such a circumstance. The buyer may get the asset registered directly in his own name. However, it is...
	It is permissible to sell the asset in such a circumstance. The buyer may get the asset registered directly in his own name. However, it is...

Seller's Ignorance Of Goods' Specifications Goods should be thoroughly and unambiguously described in the contract of Murabaha. This should make the seller fully aware of what is to be sold....
	Goods should be thoroughly and unambiguously described in the contract of Murabaha. This should make the seller fully aware of what is to be sold....

Murabaha Subject Matter Pre-Requisites The subject matter of the Murabaha must meet the following conditions: • The subject matter must exist. An asset that does not yet exist...
	The subject matter of the Murabaha must meet the following conditions: • The subject matter must exist. An asset that does not yet exist...

Promising Buyer Having Previous Contract With Owner Of Goods Dealing with a client who has a previous contract with the owner of the goods depends on the nature of such a previous contract. If the contract is...
	Dealing with a client who has a previous contract with the owner of the goods depends on the nature of such a previous contract. If the contract is...

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