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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...
 
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.
 
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...
 
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...
 
Client’s Rejection Of Goods Bought Under Murabaha
The client may reject such goods, as it is the right of the buyer to reject goods due to a defect in them.
 
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...
 
Ownership Of Goods To Be Sold Under Murabaha
It is a necessary condition that the seller have legally enforceable possession of the goods, even if it is constructive possession.
 
Selling Impermissible Items Under Murabaha
It is not permissible to trade in anything that is impermissible in Shariah—be it under Murabaha or any other mode.
 
Goods Bought For Own Use Being Sold As Murabaha
It is permissible to sell such goods under a Murabaha. The intention at the time of purchase does not affect the validity of the Murabaha contract.
 
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...
 


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