Transparency

Transparency is of utmost importance for IFIs so as to comply with Shari'ah as the Qur'an specifically forbids concealing evidence. Allah (s.w.t) says "And if you are on a journey and cannot find a scribe, then a security deposit [should be] taken. And if one of you entrusts another, then let him who is entrusted discharge his trust [faithfully] and let him fear Allah, his Lord. And do not conceal testimony, for whoever conceals it - his heart is indeed sinful, and Allah is Knowing of what you do." (Al-Qur'an, 2:283).


How to Calculate the Selling Price in Murabahah
How to Calculate the Time-Value of Funds in Determining a Murabahah Price?
If Damage to the Ordered Goods Causes a Reduction in the Price, Does It Affect the Profit Asked?
Informing the Customer of LC Expenses after the Sale Contract Has Been Signed
Must the Intermediate Seller in Murabahah Pass a Discount on to the Purchase Undertaker?
Rounding up the Profit Rate if a Murabahah Deal is Paid off Earlier than Agreed
The Purchase Undertaker Wants to Pay the Difference in Price between What the First Seller is Charging and What the Intermediate Seller is Willing to Pay

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