'Urbun

Urbun refers to a sale in which the buyer deposits earnest money with the seller as partial payment of the price in advance but agrees that he will forfeit the deposit money if he fails to ratify the contract, in which case the seller can keep it.


Right To Buy Currencies
Is it Permissible to Pay a Contractor a Down Payment Followed by Periodic Installments to Build a Building?
Permissibility Of Muqawalah in Construction
What’s the Shariah Ruling Regarding Buying a Specific Commodity Based Upon a Customer’s Promise to Buy the Commodity by Deferred Payment?
Is It Allowed to Buy Agricultural Products or Any Minerals Other Than Gold or Silver Which Is in the Actual Possession of the Seller?
A Prospective Customer Has Already Made a Down Payment to the Supplier
RESOLUTION No. 72/3/8: DOWN PAYMENT SALE (EARNEST SALE)
Can Earnest Money Be Kept if the Purchase Orderer Reneges on the Deal?
Can Murabahah Occur if the Prospective Buyer Has Already Given the First Seller a Down Payment?
The First Seller Demands Earnest Money from the Purchase Undertaker
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
قرار رقم 143 (1/16) بشأن زكاة الحسابات المقيدة وشركات التأمين الإسلامية والتأمينات النقدية ومكافآت نهاية الخدمة
What Is to Be Done in Murabahah about Anomalies in Delivery of the Subject of the Sale?
A Commodity Purchase Option
A Purchase Undertaking and Earnest Money for Murabahah
A Purchase Undertaking and Earnest Money for Murabahah
A Difference in Profit Share of Jointly Owned Property
Can the Customer of a MurÉbaÍah Car Sale Use the Trade-In Price of His Old Car as the Down Payment for the New Car?
Can Earnest Money Be Paid before the Contract?
Can the Bank Take a Non-Refundable Deposit from a Buyer before the Actual Sale?
Can a Deposit Be Taken before the Sale if It Is Counted as Part of the Final Price?
What Parameters Can Make It Lawful to Pay Earnest Money to a Car Dealer to Book a Sale?
Is It Allowed to Appoint the Supplier as an Agent to Collect Earnest Money from the Client in a Murabahah Transaction?
What is the Shariah Ruling in the Earnest Money Left by the Buyer?
Is it Allowed to Contract on a Commodity with a Customer that is Binding to Another Party?
Is it Allowed to Contract a Murabahah whereby the Customer Has Paid an Amount to the owner of the Asset?
What is the criterion for cancelation of the initial agreement in the Murabahah transaction between the customer and the supplier or the car dealer?
Is it permissible to request the client to pay a fee as a guarantee to show his commitment to purchase the property that he promised to buy?
Is it allowed for a house owner to take an amount of money from the purchase undertaker as an assurance of the latter’s seriousness?
Deposit Payment in Islamic Hire Purchase

Islamic Financial System ©

 

 


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