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Murabaha Installments In Foreign Currency It is a condition for the validity of a contract that the contract price be known to both parties. In such a case, both the seller and buyer do not...
	It is a condition for the validity of a contract that the contract price be known to both parties. In such a case, both the seller and buyer do not...

Payment By Promising Buyer At The Time Of Promise It is permissible to make a part payment at the time of the promise. However, in case the transaction of sale is not concluded, such an amount must...
	It is permissible to make a part payment at the time of the promise. However, in case the transaction of sale is not concluded, such an amount must...

Post-Dated Cheques For Murabaha Installments It is permissible for the buyer to submit post-dated cheques for Murabaha installments.
	It is permissible for the buyer to submit post-dated cheques for Murabaha installments.

Possession Of Goods With Seller In Murabaha Contract It is necessary for a Murabaha contract to be valid that the goods be in the name of the seller and in the seller’s possession as of the date of...
	It is necessary for a Murabaha contract to be valid that the goods be in the name of the seller and in the seller’s possession as of the date of...

Charging Of Murabaha Price Before Delivery Of Goods It is not permissible to charge from the buyer any portion of the price until the goods have been delivered.
	It is not permissible to charge from the buyer any portion of the price until the goods have been delivered.

Determining Price Of Murabaha Contract The Murabaha price is mutually agreed upon between the parties to the contract. The seller should honestly state the cost incurred in purchasing...
	The Murabaha price is mutually agreed upon between the parties to the contract. The seller should honestly state the cost incurred in purchasing...

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...

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