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A House-Buyer Approaches an Islamic Bank Seeking to Cancel an Existing Contract in Order to Enter into a Murabaha Sale with the Bank
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Question: A customer’s letter regarding cancellation of a contract: I bought a house in Al-Surrah area from its owner for the price of 300,000 Kuwaiti dinars in cash on December 19th 1991. I paid 100,000 Kuwaiti dinars as a down...
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