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.
|1||Ijarah Sukuk And Shari’ah-compliant Securities As Underlying Assets In Tawarruq Transactions|
|2||Murabaha - Standard (1) - Bank Bilad|