Murabahah

Bay' al-murabahah literally means increase in capital or profit trading. Technically, it is defined as a sale in which the mark up is disclosed to the purchaser as per the seller's purchase price for a trust-sale of a certain specified asset, excluding monetary assets such as debt. It may be contracted either on a cash basis or deferred payment basis. The main distinctive feature that distinguishes it from other kinds of sales is that the seller in a murabahah contract expressly discloses to the purchaser how much cost he has incurred, and how much profit he is going to earn in addition to the cost.

Total Fatwas : 671
No. Title
1 Can an Islamic Bank Share the Commissions Obtained by Its Correspondent Banks from Exporters on an LC?
2 Can the Commission the Bank Charges for Opening an LC Be Added to the Expenses Included in the Murabahah Price?
3 Letter of Credit
4 Obtaining LCs Without Adequate Funds
5 Taking Commission On Issuance and/or Confirmation Of LCs
6 Dual Promise in Commodity Murabaha
7 Can a False Statement Be Made to the Authorities to Facilitate Tawarruq?
8 Can the Bank Inform the Investor of His Expected Profit in Commodity Murabahah with Variations Based on the Currency Used?
9 Contract Of Sale And Currency Trading
10 Sukuk Murabahah of a Company That Mines Gold

 

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