Search Islamic Finance Answers

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

Bank Obtaining Discounts From Contractor In Istisna
Is it permissible for a bank to obtain discounts with a construction contractor in an Istisna without passing the discounts on to the requestor?
It is permissible for the bank to obtain discounts from the contractor without passing them on to the requestor since these are two separate contracts: one contract between the bank and the Istisna requestor and the other between the bank and the contractor.

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 »