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Appointment Of Guarantor In Murabaha Sale
Is it permissible to appoint a guarantor in a Murabaha sale?
It is permissible to appoint a guarantor in a Murabaha sale on credit. The guarantor should be provided a letter which stipulates that guarantees should not be evoked except upon default of the party. The bank should always exercise prudence and caution in evoking a guarantee and should consider it a last resort.

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