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What is the Ruling of Conducting Tawarruq by Selling Islamic Sukuk or Shares on a Deferred Murabahah Basis?
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Question: What is the Shari’ah rule regarding conducting tawarruq by selling Islamic sukuk or shares on a deferred murabahah basis? Answer: It is permissible. However, it is not allowed for the bank to be appointed as agent in selling the...
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