Is it Allowed for the Bank to Purchase Goods on Cash Basis from a Mudarabah Investment in order to Sell the Goods on Murabahah Basis Providing that the Bank is the Capital Provider of the Mudarabah?

Back
Question 26: I would like to request your Excellencies to explain the stand of Shari’ah on the following issue: Elucidation of the Issue: The Bank, with partnership of a customer in the profit participation contract, has imported goods and equipments...
Premium Content

Unlock full fatwa content by subscribing.

Subscribe to Premium