Bay' Tawliyyah

Literally: to appoint someone to a position of authority and responsibility regarding some matter. Technically: to resell at cost price with no profit or loss. It is a type of trust sale, for the seller is trusted regarding his reporting of his purchase price. For further details see ISRA Compendium.


Ijarah Sukuk And Shari’ah-compliant Securities As Underlying Assets In Tawarruq Transactions

Islamic Financial System ©

 

 


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