Search Islamic Finance Answers

1,000+ scholar-approved answers and growing...

Bank Obtaining Discounts From Subcontractor In Istisna
Is it permissible for a bank to take a share in discounts offered by a subcontractor to a lead contractor in an Istisna?
The subcontractor is hired by the lead contractor and the bank is not a party to the contract between them. It would not be permissible for the bank to benefit from such discounts.

ASK AN ISLAMIC FINANCE QUESTION

Each question is reviewed by an Islamic finance expert and approved by a scholar.

Ask Now »

SEARCH ISLAMIC FINANCE Q&As

Browse one of the world's largest database of Islamic finance Q&As available online.

View details »

What’s New at Ethica

Press releases, live events, book recommendations, discount offers, and more

View details »

sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter
sliderFooter