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Buying Goods Under Murabaha From Lessee
Such a transaction is permissible in principle. However, it should be verified that the lessee is the actual owner of the goods being sold and that...
Such a transaction is permissible in principle. However, it should be verified that the lessee is the actual owner of the goods being sold and that...
The transaction described in the question is not permissible, as it amounts to an interest-based financing by the bank. If the bank becomes aware...
Earnest Money Paid By Client To Owner Of Goods
It is impermissible to contract a Murabaha transaction with a client who has paid earnest money to the owner of the goods. It is necessary that all...
It is impermissible to contract a Murabaha transaction with a client who has paid earnest money to the owner of the goods. It is necessary that all...
Shipment Of Goods In Name Of Promising Buyer
It is not permissible for goods to be shipped in the name of the promising buyer. This would render the Murabaha transaction a mere interest-based...
It is not permissible for goods to be shipped in the name of the promising buyer. This would render the Murabaha transaction a mere interest-based...
Selling Endowments (Waqf) Under Murabaha
It is not permissible to sell endowments in the Shariah since they are not owned by any specific person, and for a sale to be valid a seller must...
It is not permissible to sell endowments in the Shariah since they are not owned by any specific person, and for a sale to be valid a seller must...
Financing Labor Cost Under Murabaha
It is impermissible to finance the cost of labor under a Murabaha. For such a financing, other permissible methods such as a Musharakah or a...
It is impermissible to finance the cost of labor under a Murabaha. For such a financing, other permissible methods such as a Musharakah or a...
Down Payment To Bank In Murabaha Contract
A down payment from the client to the bank is permissible in a Murabaha contract. In case of default by the client in purchasing goods, the bank is...
A down payment from the client to the bank is permissible in a Murabaha contract. In case of default by the client in purchasing goods, the bank is...
It is permissible for the bank to defer payment until goods have been received and approved by the buyer. However, this is contingent upon the fact...
Advance Payments Of Murabaha Installments
It is permissible for the seller to accept advance payments of Murabaha installments. It is further permissible to reduce one’s profit in...
It is permissible for the seller to accept advance payments of Murabaha installments. It is further permissible to reduce one’s profit in...
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