{"id":32881,"date":"2026-11-04T16:19:26","date_gmt":"2026-11-04T08:19:26","guid":{"rendered":"https:\/\/ifikr.my\/?post_type=insight&#038;p=32881"},"modified":"2026-11-04T16:42:52","modified_gmt":"2026-11-04T08:42:52","slug":"murabahah","status":"publish","type":"insight","link":"https:\/\/ifikr.my\/ms\/insights\/murabahah\/","title":{"rendered":"Murabahah: A Topic-Based Guide to Institutional Fatwa Resources"},"content":{"rendered":"<div data-elementor-type=\"wp-post\" data-elementor-id=\"32881\" class=\"elementor elementor-32881\" data-elementor-post-type=\"insight\">\n\t\t\t\t<div class=\"elementor-element elementor-element-2945a609 e-flex e-con-boxed e-con e-parent\" data-id=\"2945a609\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-28ab0b10 elementor-widget elementor-widget-text-editor\" data-id=\"28ab0b10\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b>Murabahah<\/b><span style=\"font-weight: 400;\"> is a cost-plus sale in which the seller discloses the acquisition cost and agreed profit. For researchers, the next question is often not <\/span><i><span style=\"font-weight: 400;\">what Murabahah means<\/span><\/i><span style=\"font-weight: 400;\">, but <\/span><b>which institutional sources address a particular Shariah or operational issue<\/b><span style=\"font-weight: 400;\">.<\/span><\/p><p><span style=\"font-weight: 400;\">This I-FIKR guide groups relevant records by <\/span><b>nine research areas and 31 subtopics<\/b><span style=\"font-weight: 400;\">, from purchase promises and asset possession to fees, currency, guarantees and early settlement. Each resource title links to its I-FIKR record.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a477b74 elementor-widget elementor-widget-heading\" data-id=\"a477b74\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Key Takeaways<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7ee4639 elementor-widget elementor-widget-text-editor\" data-id=\"7ee4639\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Find resources by issue:<\/b><span style=\"font-weight: 400;\"> Nine research areas and 31 subtopics.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Go to primary records:<\/b><span style=\"font-weight: 400;\"> Each linked title opens its I-FIKR resource page.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Read titles carefully:<\/b><span style=\"font-weight: 400;\"> A fatwa title identifies a question, <\/span><b>not its ruling<\/b><span style=\"font-weight: 400;\">.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Free and Premium research path:<\/b><span style=\"font-weight: 400;\"> Start with free standards and scholarship, then investigate specific Premium Fatwa records.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Check scope:<\/b><span style=\"font-weight: 400;\"> Classical Murabahah and MPO; Tawarruq structures and Sukuk are separate.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f7ff395 elementor-widget elementor-widget-heading\" data-id=\"f7ff395\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">How to Use This Murabahah Research Directory\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a20cde7 elementor-widget elementor-widget-text-editor\" data-id=\"a20cde7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ol><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Begin with a free reference<\/b><span style=\"font-weight: 400;\"> below to understand the relevant framework.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Choose a research area and subtopic<\/b><span style=\"font-weight: 400;\"> from the index.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Open the listed institutional Fatwa records<\/b><span style=\"font-weight: 400;\"> for the specific question you are researching.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Confirm the issuing body, access conditions, full text and applicable standard<\/b><span style=\"font-weight: 400;\"> before citing any Shariah conclusion.<\/span><\/li><\/ol><p><b>Scope:<\/b><span style=\"font-weight: 400;\"> The directory focuses on classical Murabahah, including <\/span><b>Murabahah to the Purchase Orderer (MPO)<\/b><span style=\"font-weight: 400;\">. It excludes records explicitly about <\/span><b>Commodity Murabahah\/Tawarruq<\/b><span style=\"font-weight: 400;\"> and Murabahah Sukuk. A record mentioning a <\/span><i><span style=\"font-weight: 400;\">commodity<\/span><\/i><span style=\"font-weight: 400;\"> is not automatically a Tawarruq record.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ad1ac87 elementor-widget elementor-widget-heading\" data-id=\"ad1ac87\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Free Research Starting Points\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bfaeca9 elementor-widget elementor-widget-text-editor\" data-id=\"bfaeca9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b>Start with the free and publicly available references below.<\/b><span style=\"font-weight: 400;\"> These resources provide regulatory or scholarly context, but do not replace a full institutional Fatwa when assessing a specific transaction.<\/span><\/p><table><tbody><tr><td><p><b>Starting resource<\/b><\/p><\/td><td><p><b>Resource type<\/b><\/p><\/td><td><p><b>Best used for<\/b><\/p><\/td><\/tr><tr><td><p><a href=\"https:\/\/ifikr.my\/ms\/resources\/aaoifi-shariah-standard-no-8-murabahah-revised-standard-filess-8-murabahah-pdf\/\"><span style=\"font-weight: 400;\">AAOIFI Shari&#8217;ah Standard No. 8: Murabahah<\/span><\/a><\/p><\/td><td><p><b>Regulation &amp; Resolution (Free on I-FIKR)<\/b><\/p><\/td><td><p><span style=\"font-weight: 400;\">Purchase undertakings, agency, ownership, costs and payment questions where this standard is applicable.<\/span><\/p><\/td><\/tr><tr><td><p><a href=\"https:\/\/ifikr.my\/ms\/resources\/murabahah-file20131223_s_o_0001-pdf\/\"><span style=\"font-weight: 400;\">BNM Murabahah Policy Document (BNM\/RH\/STD 028-4)<\/span><\/a><\/p><\/td><td><p><b>Regulation &amp; Resolution (Free on I-FIKR)<\/b><\/p><\/td><td><p><span style=\"font-weight: 400;\">Malaysian Murabahah requirements and practical terminology; confirm current applicability and amendments.<\/span><\/p><\/td><\/tr><tr><td><p><a href=\"https:\/\/ifikr.my\/ms\/resources\/islamic-banks-profit-and-violations-inmuraba%e1%b8%a5ah-financing\/\"><span style=\"font-weight: 400;\">Islamic Banks&#8217; Profit and Violations in Mur\u0101ba\u1e25ah Financing (Madbash, 2024)<\/span><\/a><\/p><\/td><td><p><b>English Journal (Free on I-FIKR)<\/b><\/p><\/td><td><p><span style=\"font-weight: 400;\">Academic discussion of Murabahah financing, bank profitability and potential compliance issues.<\/span><\/p><\/td><\/tr><tr><td><p><a href=\"https:\/\/iifa-aifi.org\/en\/32332.html\"><span style=\"font-weight: 400;\">Keeping a Promise and Mur\u0101ba\u1e25ah to the Purchase Orderer (IIFA Resolution Nos. 40\u201341)<\/span><\/a><\/p><\/td><td><p><b>Official institutional resolution (external website)<\/b><\/p><\/td><td><p><span style=\"font-weight: 400;\">The Academy&#8217;s published text on purchase promises and MPO.<\/span><\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2a6b715 elementor-widget elementor-widget-heading\" data-id=\"2a6b715\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Browse Murabahah Research Topics\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-bb753d2 elementor-widget elementor-widget-image\" data-id=\"bb753d2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"1672\" height=\"941\" src=\"https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-research-topics-subtopics-infographic.png\" class=\"attachment-full size-full wp-image-32884\" alt=\"Infographic showing nine Murabahah research areas, including contracts, ownership, pricing, currency, guarantees and settlement.\" srcset=\"https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-research-topics-subtopics-infographic.png 1672w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-research-topics-subtopics-infographic-300x169.png 300w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-research-topics-subtopics-infographic-1024x576.png 1024w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-research-topics-subtopics-infographic-768x432.png 768w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-research-topics-subtopics-infographic-1536x864.png 1536w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-research-topics-subtopics-infographic-18x10.png 18w\" sizes=\"(max-width: 1672px) 100vw, 1672px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-aa5f797 elementor-widget elementor-widget-text-editor\" data-id=\"aa5f797\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<table><tbody><tr><td><p><b>Research area<\/b><\/p><\/td><td><p><b>What you can investigate<\/b><\/p><\/td><\/tr><tr><td><p><b>1.<\/b><span style=\"font-weight: 400;\"> Contract foundations and Murabahah to the Purchase Orderer<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">General conditions and contract procedures, binding promises and purchase undertakings, prior agreements with suppliers<\/span><\/p><\/td><\/tr><tr><td><p><b>2.<\/b><span style=\"font-weight: 400;\"> Ownership, possession and pre-delivery risk<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Acquisition and actual or constructive possession, damage, loss and delayed delivery, registration and legal title<\/span><\/p><\/td><\/tr><tr><td><p><b>3.<\/b><span style=\"font-weight: 400;\"> Asset eligibility, specification and trade documents<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Asset identification and inspection, bills of lading and shipping documentation, real estate, vehicles and equipment<\/span><\/p><\/td><\/tr><tr><td><p><b>4.<\/b><span style=\"font-weight: 400;\"> Acquisition costs, charges and fees<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Storage and demurrage, commissions and banking fees, insurance and takaful costs<\/span><\/p><\/td><\/tr><tr><td><p><b>5.<\/b><span style=\"font-weight: 400;\"> Profit, price disclosure and supplier discounts<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Profit margins and sale-price calculations, supplier discounts and incentives, price disclosure and revisions<\/span><\/p><\/td><\/tr><tr><td><p><b>6.<\/b><span style=\"font-weight: 400;\"> Foreign currency and international trade<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Exchange rates and transaction currencies, imports and documentary credits, asset revaluation<\/span><\/p><\/td><\/tr><tr><td><p><b>7.<\/b><span style=\"font-weight: 400;\"> Commodity soundness and payment security<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Commodity soundness and defects, kafalah, collateral and guarantees, purchase deposits and earnest money<\/span><\/p><\/td><\/tr><tr><td><p><b>8.<\/b><span style=\"font-weight: 400;\"> Late payment and debt rescheduling<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Default, delays and penalties, rescheduling and instalments<\/span><\/p><\/td><\/tr><tr><td><p><b>9.<\/b><span style=\"font-weight: 400;\"> Early settlement, cancellation and returns<\/span><\/p><\/td><td><p><span style=\"font-weight: 400;\">Early settlement and ibra&#8217;, cancellation and termination, returns and subsequent transactions<\/span><\/p><\/td><\/tr><\/tbody><\/table>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4e4972c elementor-cta--skin-cover elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"4e4972c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/ifikr.my\/wp-content\/uploads\/2026\/01\/Frame-270988247-1.png);\" role=\"img\" aria-label=\"banner-explore\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__title elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tExplore Institutional Murabahah Fatwas\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tGo beyond the research guide. Access Premium fatwa records on I-FIKR with a 3-day trial.\n\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-\" href=\"https:\/\/ifikr.my\/ms\/register\/\">\n\t\t\t\t\t\tStart free trial\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fa61402 elementor-widget elementor-widget-heading\" data-id=\"fa61402\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">1. Contract foundations and Murabahah to the Purchase Orderer<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-639a42d elementor-widget elementor-widget-text-editor\" data-id=\"639a42d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Begin here for <\/span><b>general contract procedures<\/b><span style=\"font-weight: 400;\">, the customer&#8217;s promise and the bank&#8217;s purchase arrangement. These records show how institutions frame the transaction before any Murabahah sale is concluded.<\/span><\/p><p><b>Read openly first:<\/b><a href=\"https:\/\/iifa-aifi.org\/en\/32332.html\"> <span style=\"font-weight: 400;\">IIFA Resolutions 40\u201341 on promises and MPO<\/span><\/a><span style=\"font-weight: 400;\"> (official public resolution), then compare the relevant Premium Fatwa questions below.<\/span><\/p><p><b>How to read the resource lists:<\/b><span style=\"font-weight: 400;\"> The names in italics after each linked title are the authors or institutions listed on each I-FIKR record. Some records list more than one institution. They identify a source, not a verified Shariah ruling.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ee172fa elementor-widget elementor-widget-image\" data-id=\"ee172fa\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"980\" height=\"551\" src=\"https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-purchase-orderer-mpo-research-issues-1024x576.png\" class=\"attachment-large size-large wp-image-32883\" alt=\"Research map of Murabahah to the Purchase Orderer covering purchase promises, supplier agreements, agency and contract amendments.\" srcset=\"https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-purchase-orderer-mpo-research-issues-1024x576.png 1024w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-purchase-orderer-mpo-research-issues-300x169.png 300w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-purchase-orderer-mpo-research-issues-768x432.png 768w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-purchase-orderer-mpo-research-issues-1536x864.png 1536w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-purchase-orderer-mpo-research-issues-18x10.png 18w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-purchase-orderer-mpo-research-issues.png 1672w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-21a8087 elementor-widget elementor-widget-heading\" data-id=\"21a8087\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">General conditions and contract procedures<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c34fdf7 elementor-widget elementor-widget-text-editor\" data-id=\"c34fdf7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Foundational documentation and process questions.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/3ff3cdf008c82cbfe022bbba902ec2a1-general-provisions-of-murabaha\/\"><span style=\"font-weight: 400;\">General Provisions of Murabaha<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Islamic Fiqh Academy India, Qatar Islamic Bank, Sudan Islamic Bank, Faisal Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/c88766662ef7d741700df72ab5bde331-steps-and-procedures-of-murabaha-contract\/\"><span style=\"font-weight: 400;\">Steps and Procedures of Murabaha Contract<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Faisal Islamic Bank, Kuwait Finance House, Qatar Islamic Bank, Al-Rajhi Banking and Investment Corporation<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/f46239cba6826fc73abfbb24e77d3436-what-are-the-rules-regarding-conditions-governing-murabahah-contract\/\"><span style=\"font-weight: 400;\">What Are the Rules Regarding Conditions Governing Murabahah Contract?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5d65d3 elementor-widget elementor-widget-heading\" data-id=\"d5d65d3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Binding promises and purchase undertakings\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-24e5287 elementor-widget elementor-widget-text-editor\" data-id=\"24e5287\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Questions on the customer\u2019s undertaking and the nature of a binding promise.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/74b8d2a17ee38c2a59e1886691be6cfc-the-binding-nature-of-promise-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">The Binding Nature of Promise in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Organization of Islamic Conference (OIC), Kuwait Finance House, Al Baraka Banking Group, Islamic Banks<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/0073988adb4c265b3a088f48fd9a229a-is-it-allowed-to-stipulate-on-the-customer-to-sign-a-binding-promise-to-purchase-the-goods-in-a-murabahah-contract\/\"><span style=\"font-weight: 400;\">Is it Allowed to stipulate on the customer to sign a binding promise to purchase the goods in a Murabahah contract?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/771836d993a53de128f8e00da9f29c2e-resolution-nos-40-41-2-5-and-3-5-keeping-a-promise-and-muraba%e1%b8%a5ah-to-the-purchase-orderer\/\"><span style=\"font-weight: 400;\">Resolution Nos. 40\u201341 (2\/5 and 3\/5) Keeping a Promise and Mur\u0101ba\u1e25ah to the Purchase Orderer<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">The International Islamic Fiqh Academy<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-494d7e7 elementor-widget elementor-widget-heading\" data-id=\"494d7e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Prior agreements with suppliers\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6969bbf elementor-widget elementor-widget-text-editor\" data-id=\"6969bbf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Cases where the prospective buyer may already have a relationship or contract with the original seller.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/5ba539da88d78cc584a34e39a69ca3fe-a-customer-approaches-the-bank-for-murabahah-after-having-concluded-an-agreement-with-the-exporter\/\"><span style=\"font-weight: 400;\">A Customer Approaches the Bank for Murabahah after Having Concluded an Agreement with the Exporter<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/8872966cc32aa68f60a00584d7592913-a-pre-existing-contract-between-the-original-seller-and-the-purchase-undertaker-in-murabahah\/\"><span style=\"font-weight: 400;\">A Pre-Existing Contract Between the Original Seller and the Purchase Undertaker in Murabahah<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/019e19d73cbb1b58792b8d6cda799361-how-to-terminate-a-pre-existing-contract-in-order-to-effect-a-murabahah-sale\/\"><span style=\"font-weight: 400;\">How to Terminate a Pre-Existing Contract in Order to Effect a Murabahah Sale?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-62eb122 elementor-widget elementor-widget-heading\" data-id=\"62eb122\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Agency and purchase authorisation\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-11ca629 elementor-widget elementor-widget-text-editor\" data-id=\"11ca629\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Whether and how customers or other agents take part in acquiring the asset.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/209d0f0d095637fed4c5871824251f46-general-provisions-of-agency-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">General Provisions of Agency in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/4b387eafd79968b46c49924f3ae5784f-appointment-of-the-purchase-orderer-as-an-agent-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Appointment of the Purchase Orderer as an Agent in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/2ee6990eae8c264edc94c8eac0db329c-is-it-allowed-in-a-murabahah-sale-to-appoint-the-client-as-an-agent-to-purchase-the-goods-from-the-supplier-and-authorize-him-to-sell-the-goods-to-himself-at-the-agree\/\"><span style=\"font-weight: 400;\">Is it Allowed in a Murabahah Sale to Appoint the Client as an Agent to Purchase the Goods from the Supplier and Authorize him to Sell the Goods to Himself at the Agreed Price?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-51e0337 elementor-widget elementor-widget-heading\" data-id=\"51e0337\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">MPO frameworks and contract amendments\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-79329a0 elementor-widget elementor-widget-text-editor\" data-id=\"79329a0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Titles tracing changes to Murabahah to the Purchase Orderer (MPO) frameworks.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/082db84208fd013972223f1cfced211f-murabahah-to-the-purchase-order-framework-after-amendments\/\"><span style=\"font-weight: 400;\">Murabahah to the Purchase Order Framework After Amendments<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/9ced3624e1edce6bba3cf62ca4738b46-whats-the-shariah-opinion-regarding-the-proposed-amendments-to-the-murabahah-to-the-purchase-order-contract-concerning-the-rates-commissions-currency-differences-an\/\"><span style=\"font-weight: 400;\">What&#8217;s the Shariah Opinion Regarding the Proposed Amendments to the Murabahah to the Purchase Order Contract Concerning the Rates, Commissions, Currency Differences and Postal Fees?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/99764e4e5f7361d0ee62d0edb4488e5f-development-of-a-new-contract-in-the-form-of-murabahah-partnership-along-with-the-murabahah-transaction-to-the-purchase-orderer\/\"><span style=\"font-weight: 400;\">Development of a New Contract in the form of Murabahah Partnership Along with the Murabahah Transaction to the Purchase Orderer<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a06634f elementor-widget elementor-widget-heading\" data-id=\"a06634f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Master agreements and other contract structures\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-48a9459 elementor-widget elementor-widget-text-editor\" data-id=\"48a9459\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">General amendments and master or repeat contract arrangements.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/43a4deac4d8bf87b7e773ca1ea9d2f78-amending-the-articles-of-murabaha-contracts\/\"><span style=\"font-weight: 400;\">Amending the Articles of Murabaha Contracts<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Jordan Islamic Bank for Finance and Investment<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/17336d19377f79609df1a0a420e14b1c-repetitive-murabaha-within-a-specific-ceiling\/\"><span style=\"font-weight: 400;\">Repetitive Murabaha within a Specific Ceiling<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House, Islamic Bank of Jordan<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/2d17b4570d654186b56a5877200f92bd-approval-for-the-company-to-enter-into-a-master-muraba%e1%b8%a5ah-agreement\/\"><span style=\"font-weight: 400;\">Approval for the Company to enter into a master mur\u0101ba\u1e25ah agreement<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Rajhi Banking and Investment Corporation<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-80b50df elementor-widget elementor-widget-heading\" data-id=\"80b50df\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">2. Ownership, possession and pre-delivery risk\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-52aba87 elementor-widget elementor-widget-text-editor\" data-id=\"52aba87\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">These sources help researchers locate questions about <\/span><b>whether the bank acquired and possessed the asset<\/b><span style=\"font-weight: 400;\">, and which party faced risk before delivery. The titles are research questions, not determinations that a specific document or arrangement is sufficient.<\/span><\/p><p><b>Free reference:<\/b><a href=\"https:\/\/ifikr.my\/ms\/resources\/aaoifi-shariah-standard-no-8-murabahah-revised-standard-filess-8-murabahah-pdf\/\"> <span style=\"font-weight: 400;\">AAOIFI Shari&#8217;ah Standard No. 8<\/span><\/a><span style=\"font-weight: 400;\"> provides a starting framework for asset possession and risk where adopted.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e042dd9 elementor-widget elementor-widget-heading\" data-id=\"e042dd9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Acquisition and actual or constructive possession\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-619ea2a elementor-widget elementor-widget-text-editor\" data-id=\"619ea2a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Holding or controlling goods before a Murabahah resale.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/b141373a8b38209415ed133379992fe6-selling-goods-on-murabaha-before-possession\/\"><span style=\"font-weight: 400;\">Selling Goods on Murabaha before Possession<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Qatar Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/18708a28efb11b1498873814040c5f67-goods-not-possessed-or-received-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Goods not Possessed or Received in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Faisal Islamic Bank, Kuwait Finance House, Islamic Bank of Western Sudan<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/c7440d4214f92d9ea5f781a4c5d4efee-a-discrepancy-is-found-in-murabahah-goods-that-were-sold-before-possessing-them\/\"><span style=\"font-weight: 400;\">A Discrepancy is found in Murabahah Goods That Were Sold before Possessing Them<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dae7eb4 elementor-widget elementor-widget-heading\" data-id=\"dae7eb4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Damage, loss and delayed delivery\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-60f0c45 elementor-widget elementor-widget-text-editor\" data-id=\"60f0c45\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Damage to goods or loss while the asset is being acquired or delivered.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/a566112ee7085fb9384913eeacc3029c-liability-of-goods-damage-prior-to-delivery-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Liability of Goods Damage Prior to Delivery in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House, Jordan Islamic Bank for Finance &amp; Investment, Qatar Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/3024cf36ffe0a82cca637d256413631d-who-bears-the-loss-in-a-murabahah-to-the-purchase-order-financing-due-to-an-accident-that-occurred-before-the-goods-are-delivered-to-the-client\/\"><span style=\"font-weight: 400;\">Who Bears the Loss in a Murabahah to the Purchase Order Financing Due to an Accident that Occurred Before the Goods Are Delivered to the Client?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/ca71a47c4b81541e0f8d7e7c1b858baf-damages-resulting-from-delay-of-goods-delivery-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Damages Resulting from Delay of goods Delivery in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Qatar Islamic Bank<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-366f838 elementor-widget elementor-widget-heading\" data-id=\"366f838\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Registration and legal title\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b9bdcd elementor-widget elementor-widget-text-editor\" data-id=\"7b9bdcd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Questions concerning the registration of an asset in the bank\u2019s name.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/ace3954a59ce94b22cc59a3eb0275b5f-to-keep-the-registration-in-the-name-of-the-bank-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">To Keep the Registration in the Name of the Bank in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Qatar Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/413f3fa8e36ff59f8e9e6f47de99e46b-is-it-permissible-in-a-murabahah-to-the-purchase-order-financing-that-the-asset-remains-registered-in-the-bank-name-until-the-client-fully-pays-the-price\/\"><span style=\"font-weight: 400;\">Is it Permissible in a Murabahah to the Purchase Order Financing that the Asset Remains Registered in the Bank Name Until the Client Fully Pays the Price?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/ed1e370b932acb610f08c777b3d13dd2-is-it-a-condition-in-a-vehicle-financing-based-on-murabahah-to-the-purchase-order-that-the-vehicle-must-be-registered-under-the-bank-name-before-the-execution-of-the-c\/\"><span style=\"font-weight: 400;\">Is it a Condition in a Vehicle Financing Based on Murabahah to the Purchase Order that the Vehicle Must Be Registered Under the Bank Name Before the Execution of the Contract?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-086ac15 elementor-widget elementor-widget-heading\" data-id=\"086ac15\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">3. Asset eligibility, specification and trade documents\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-601d7a1 elementor-widget elementor-widget-text-editor\" data-id=\"601d7a1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Choose this area when researching <\/span><b>what may be sold<\/b><span style=\"font-weight: 400;\">, how clearly it must be described, and which documents accompany the transaction.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0bf9176 elementor-widget elementor-widget-heading\" data-id=\"0bf9176\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Asset identification and inspection\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6224e06 elementor-widget elementor-widget-text-editor\" data-id=\"6224e06\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Specification and inspection issues where the asset is not sufficiently described.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/944b52878a1ef4a3ff7398d2863b053e-ignorance-of-the-commodity-specifications-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Ignorance of the Commodity Specifications in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/21e3ee9e90d677e27f8d1b7fb0166fa2-please-provide-shariah-opinion-in-case-it-is-stipulated-that-assets-which-are-the-subject-matter-of-murabaha-transaction-should-be-made-known-and-identified\/\"><span style=\"font-weight: 400;\">Please provide Shariah opinion in case it is stipulated that assets which are the subject matter of Murabaha transaction should be made known and identified?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Faisal Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/22823a8bbb822b9026099a7da40eee66-is-good-inspection-obligatory-in-both-musawama-and-murabaha-contracts\/\"><span style=\"font-weight: 400;\">Is Good Inspection Obligatory in Both Musawama and Murabaha Contracts?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-569cfcb elementor-widget elementor-widget-heading\" data-id=\"569cfcb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Bills of lading and shipping documentation\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-e6fc327 elementor-widget elementor-widget-text-editor\" data-id=\"e6fc327\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Imports, document arrival and evidence associated with possession or delivery.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/7812ca4ba5cc2d65b2d7dcd74bceef97-bills-of-lading-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Bills of Lading in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Qatar Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/ff6441622f0f7cb5f264b157bccc4087-arrival-of-the-goods-prior-to-the-arrival-of-the-documents-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Arrival of the Goods Prior to the Arrival of the Documents in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House, Qatar Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/3485fd72990bcd8b75908c802221f3b7-non-receipt-of-invoices-in-the-name-of-the-bank-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Non-Receipt of Invoices in the Name of the Bank in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Qatar Islamic Bank<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9fd5b9c elementor-widget elementor-widget-heading\" data-id=\"9fd5b9c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Real estate, vehicles and equipment\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d5c9923 elementor-widget elementor-widget-text-editor\" data-id=\"d5c9923\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Asset-specific examples involving land, buildings and vehicles.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/352c12a2729e87ef7e6f0d3aac9e747c-buying-a-portion-of-a-land-through-murabahah\/\"><span style=\"font-weight: 400;\">Buying A Portion Of A Land Through Murabahah<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Faisal Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/22cceafa78501111a3eb311f3e3d6d18-buying-and-selling-of-lands-without-registration-on-murabahah-basis\/\"><span style=\"font-weight: 400;\">Buying and Selling of Lands without Registration on Murabahah Basis<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Jordan Islamic Bank for Finance and Investment<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/18ac4267b9f08740a8b48a4488e94e79-whats-the-shariah-opinion-regarding-the-purchase-of-vehicles-from-suppliers-in-order-to-be-sold-to-clients-on-the-basis-of-murabahah\/\"><span style=\"font-weight: 400;\">What&#8217;s the Shariah Opinion Regarding the Purchase of Vehicles from Suppliers in Order to be Sold to Clients on the Basis of Murabahah?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c93142 elementor-widget elementor-widget-heading\" data-id=\"2c93142\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Shares, services and other asset types\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-cf5a4da elementor-widget elementor-widget-text-editor\" data-id=\"cf5a4da\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Records on shares, services and other asset types.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/dbbfd029f96953d8962e24d0d7f56c45-murabaha-in-shares\/\"><span style=\"font-weight: 400;\">Murabaha in Shares<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Rajhi Banking and Investment Corporation<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/d5ee7e85075736664335c82f71d87f9c-services-of-charities-on-murabahah-basis\/\"><span style=\"font-weight: 400;\">Services of Charities on Murabahah Basis<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/d0c89d155418980d7f56170221a2e62b-labor-services-on-murabahah-basis\/\"><span style=\"font-weight: 400;\">Labor Services on Murabahah Basis<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House, Islamic Bank of Western Sudan<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0efaca0 elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"0efaca0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8145850 elementor-widget elementor-widget-text-editor\" data-id=\"8145850\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Exploring Shariah questions beyond Murabahah? Browse I-FIKR\u2019s<\/span><a href=\"https:\/\/ifikr.my\/ms\/resources\/category\/fatwa\/\"> <span style=\"font-weight: 400;\">Fatwa collection<\/span><\/a><span style=\"font-weight: 400;\"> for institutional fatwa records across Islamic finance contracts.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-50374eb elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"50374eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-831c8cd elementor-widget elementor-widget-heading\" data-id=\"831c8cd\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">4. Acquisition costs, charges and fees\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-05e28de elementor-widget elementor-widget-text-editor\" data-id=\"05e28de\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">This group focuses on <\/span><b>what the selling institution may include in its disclosed acquisition cost<\/b><span style=\"font-weight: 400;\">.\u00a0<\/span><\/p><p><b>Free reference:<\/b><a href=\"https:\/\/ifikr.my\/ms\/resources\/murabahah-file20131223_s_o_0001-pdf\/\"> <span style=\"font-weight: 400;\">BNM&#8217;s Murabahah Policy Document<\/span><\/a><span style=\"font-weight: 400;\"> offers Malaysian policy context for costs and price disclosure. The Premium records below raise specific operational questions.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3d8d4c6 elementor-widget elementor-widget-image\" data-id=\"3d8d4c6\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"980\" height=\"551\" src=\"https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-acquisition-costs-fees-research-1024x576.png\" class=\"attachment-large size-large wp-image-32886\" alt=\"Infographic showing Murabahah research questions about storage charges, demurrage, banking commissions, insurance and acquisition costs.\" srcset=\"https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-acquisition-costs-fees-research-1024x576.png 1024w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-acquisition-costs-fees-research-300x169.png 300w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-acquisition-costs-fees-research-768x432.png 768w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-acquisition-costs-fees-research-1536x864.png 1536w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-acquisition-costs-fees-research-18x10.png 18w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-acquisition-costs-fees-research.png 1672w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8875c0c elementor-widget elementor-widget-heading\" data-id=\"8875c0c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Storage and demurrage\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a63172 elementor-widget elementor-widget-text-editor\" data-id=\"8a63172\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Charges associated with storing goods or delays in clearing or collecting them.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/b00a72e2d182464e468b4ded1e9fc8cf-commodity-storage-expenses-and-demurrage-penalty-etc-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Commodity Storage Expenses and Demurrage Penalty etc. in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House, Qatar Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/bde11930ae2e67d75ff6c070584296a3-adding-demurrage-charges-to-commodity-cost-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Adding Demurrage Charges to Commodity Cost in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/0dc2c1f4f4a0ec4978c49ccf35ed96e0-who-bears-unexpected-demurrage-charges-in-a-murabahah-contract\/\"><span style=\"font-weight: 400;\">Who Bears Unexpected Demurrage Charges in a Murabahah Contract?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b4a2451 elementor-widget elementor-widget-heading\" data-id=\"b4a2451\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Commissions and banking fees\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0773611 elementor-widget elementor-widget-text-editor\" data-id=\"0773611\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Departmental commissions, agency fees and documentary-credit charges.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/043ac92c966ee3277011f51318fcb85f-adding-bank-departmental-commissions-to-the-commodity-price-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Adding Bank Departmental Commissions to the Commodity Price in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/0bb55f3dc655c3d96e322d4137af894b-charging-distribution-agent-commission-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Charging Distribution Agent Commission in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/6b62c173c6263fb7ba48c884e73d5f85-can-the-commission-the-bank-charges-for-opening-an-lc-be-added-to-the-expenses-included-in-the-murabahah-price\/\"><span style=\"font-weight: 400;\">Can the Commission the Bank Charges for Opening an LC Be Added to the Expenses Included in the Murabahah Price?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7a8e6e0 elementor-widget elementor-widget-heading\" data-id=\"7a8e6e0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Insurance and takaful costs\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7b6dbdc elementor-widget elementor-widget-text-editor\" data-id=\"7b6dbdc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Insurance relating to the asset and allocation of charges in Murabahah transactions.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/067aabf08538c673805040bb88759ffb-insurance-of-sold-commodity-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Insurance of Sold Commodity in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Dubai Islamic Bank, Qatar Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/3f829d2a47437b9310d2436d5752ffd9-charging-against-insurance-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Charging Against Insurance in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d0415b9 elementor-widget elementor-widget-heading\" data-id=\"d0415b9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Other acquisition and post-contract costs\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2bb1bee elementor-widget elementor-widget-text-editor\" data-id=\"2bb1bee\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Staff charges, assembly costs and expenses appearing after the contract.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/1b17694fa11bf2b07c2f71bc214ab134-inclusion-of-bank-employees-costs-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Inclusion of Bank Employees Costs in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/021bf86bbb8a2b76c7a57a6096762f8a-adding-assembly-expenses-to-the-cost-of-a-murabahah-deal-for-machinery\/\"><span style=\"font-weight: 400;\">Adding Assembly Expenses to the Cost of a Murabahah Deal for Machinery<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/351c125ab33ed462cba6983b949794b5-charging-of-expenses-which-appear-after-the-murabaha-contract\/\"><span style=\"font-weight: 400;\">Charging of expenses which Appear after the Murabaha Contract<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b1de42d elementor-widget elementor-widget-heading\" data-id=\"b1de42d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">5. Profit, price disclosure and supplier discounts\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a49055e elementor-widget elementor-widget-text-editor\" data-id=\"a49055e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Use this area to investigate <\/span><b>profit calculation, cost transparency and price adjustments<\/b><span style=\"font-weight: 400;\">. The content of individual rulings requires access to the actual record.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-507ceba elementor-widget elementor-widget-heading\" data-id=\"507ceba\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Profit margins and sale-price calculations\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b90316f elementor-widget elementor-widget-text-editor\" data-id=\"b90316f\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">How the sale price, margin or profit is determined and recorded.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/77a0dc642286de491aaf15a95aa80b84-what-is-the-shariah-view-on-how-to-calculate-the-sale-price-in-a-murabahah-transaction\/\"><span style=\"font-weight: 400;\">What is the Shariah View on How to Calculate the Sale Price in a Murabahah Transaction?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/9a96b7416cb95c8353c9fd76fc71c23b-bases-and-rules-of-profit-determination-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Bases and Rules of Profit Determination in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/a0c20afbe1caf831135a1eb8d7047f7b-how-to-calculate-the-selling-price-in-murabahah\/\"><span style=\"font-weight: 400;\">How to Calculate the Selling Price in Murabahah<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b052a8a elementor-widget elementor-widget-heading\" data-id=\"b052a8a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Supplier discounts and incentives\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ecfbd7a elementor-widget elementor-widget-text-editor\" data-id=\"ecfbd7a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Supplier reductions received by the bank and questions about who benefits.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/5b7462edf4782e4dd9738f5e10c2f774-purchase-orderer-benefiting-from-discount-granted-to-the-bank-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Purchase Orderer Benefiting from Discount Granted to the Bank in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/34a282bfa4c9d6187966be45cb7299a7-must-the-intermediate-seller-in-murabahah-pass-a-discount-on-to-the-purchase-undertaker\/\"><span style=\"font-weight: 400;\">Must the Intermediate Seller in Murabahah Pass a Discount on to the Purchase Undertaker?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/5d6fe69bcab8be6e1e035b72e0ef3c9c-what-is-the-shariah-ruling-on-receiving-a-discount-on-goods-after-they-have-been-sold-to-a-customer-on-murabahah-basis-is-the-discount-the-right-of-kfh-of-the-client\/\"><span style=\"font-weight: 400;\">What Is the Shariah Ruling on Receiving a Discount on Goods After They Have Been Sold to a Customer on Murabahah Basis? Is the Discount the Right of KFH of the Client?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d7c9929 elementor-widget elementor-widget-heading\" data-id=\"d7c9929\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Price disclosure and revisions\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-31d340e elementor-widget elementor-widget-text-editor\" data-id=\"31d340e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Questions concerning revising margins or the price stated in the contract.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/ca51f20c8cc669437cf64e11dd1d0747-amending-the-profit-margin-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Amending the Profit Margin in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/5000a671ee2712863ee9805b6899ed84-what-is-the-price-to-be-written-in-the-contract-of-murabaha\/\"><span style=\"font-weight: 400;\">What is the Price to be Written in the Contract of Murabaha?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/883dd196ee55e142d98eac347c595666-revision-of-murabahah-price\/\"><span style=\"font-weight: 400;\">Revision Of Murabahah Price<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Arab Banking Corporation<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-fe15fdc elementor-widget elementor-widget-heading\" data-id=\"fe15fdc\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">6. Foreign currency and international trade\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b2698fe elementor-widget elementor-widget-text-editor\" data-id=\"b2698fe\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">This section brings together <\/span><b>cross-border Murabahah questions<\/b><span style=\"font-weight: 400;\">, including exchange rates, documentary credits and revaluation.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6615bcb elementor-widget elementor-widget-heading\" data-id=\"6615bcb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Exchange rates and transaction currencies\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-db2bec2 elementor-widget elementor-widget-text-editor\" data-id=\"db2bec2\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Which currency or exchange rate is relevant to a transaction.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/8fcce10f8d20975ad7665dfac80ab887-which-days-exchange-rate-should-be-used-in-charging-the-customer-in-a-murabahah-sale\/\"><span style=\"font-weight: 400;\">Which Day\u2019s Exchange Rate Should Be Used in Charging the Customer in a Murabahah Sale?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/a22dcd4cf1b849082e42c4081f7f03c1-the-difference-between-the-currency-of-the-credit-and-the-currency-of-the-murabaha\/\"><span style=\"font-weight: 400;\">The Difference between the Currency of the Credit and the Currency of the Murabaha<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/a3b85d4ecf12e524e9e3f0aa9909a08f-can-a-murabahah-deal-be-combined-with-a-foreign-currency-exchange\/\"><span style=\"font-weight: 400;\">Can a Murabahah Deal Be Combined with a Foreign Currency Exchange?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dcd85f0 elementor-widget elementor-widget-heading\" data-id=\"dcd85f0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Imports and documentary credits\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7912779 elementor-widget elementor-widget-text-editor\" data-id=\"7912779\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Import and export transactions, including letters of credit and related procedures.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/0ba93bb6a3954dee9bcce631ada33464-shariah-opinion-on-murabaha-sales-in-the-foreign-trade\/\"><span style=\"font-weight: 400;\">Shariah opinion on Murabaha sales in the foreign trade<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/45b762cd9d09038585c4169056e34f39-in-execution-of-murabaha-credits-a-documentary-credit-will-be-opened-from-the-bank-for-the-benefit-of-the-exporter\/\"><span style=\"font-weight: 400;\">In execution of Murabaha credits a documentary credit will be opened from the Bank for the benefit of the exporter.<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/37d6d3378c3d06d8bbad77cf34bb758d-muraba%e1%b8%a5ah-financing-of-the-importer-customer\/\"><span style=\"font-weight: 400;\">Mur\u0101ba\u1e25ah financing of the importer customer<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Mawarid Finance<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-1ae3bce elementor-widget elementor-widget-heading\" data-id=\"1ae3bce\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Asset revaluation\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8858770 elementor-widget elementor-widget-text-editor\" data-id=\"8858770\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Questions about reassessing an asset\u2019s recorded value.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/89107de53b13277863b4a6facfd7fb7c-re-evaluation-of-commodity-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Re-evaluation of Commodity in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Egypt Islamic Bank<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-93b5596 elementor-widget elementor-widget-heading\" data-id=\"93b5596\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">7. Commodity soundness and payment security<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-ceeab97 elementor-widget elementor-widget-text-editor\" data-id=\"ceeab97\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">These are two different research questions: <\/span><b>asset quality and defects<\/b><span style=\"font-weight: 400;\"> concern the item being sold; <\/span><b>security and guarantees<\/b><span style=\"font-weight: 400;\"> concern contractual commitments or the debt.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5be9337 elementor-widget elementor-widget-heading\" data-id=\"5be9337\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Commodity soundness and defects\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c22b435 elementor-widget elementor-widget-text-editor\" data-id=\"c22b435\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Quality, supplier performance and damaged goods.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/a9100c10b3bd14f78a58ae9c841e3d38-client-guarantee-for-commodity-soundness-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Client Guarantee for Commodity Soundness in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/a5655c674862b69c07bda94387095f08-murabahah-guarantee-by-the-customer-for-damages\/\"><span style=\"font-weight: 400;\">Murabahah: Guarantee by The Customer for Damages<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Arab Banking Corporation<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/29dbe7cfe0bb9ed63515e0a7a4cef4e8-what-is-to-be-done-in-murabahah-about-anomalies-in-delivery-of-the-subject-of-the-sale\/\"><span style=\"font-weight: 400;\">What Is to Be Done in Murabahah about Anomalies in Delivery of the Subject of the Sale?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5e563e7 elementor-widget elementor-widget-heading\" data-id=\"5e563e7\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Kafalah, collateral and guarantees\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-74faa7d elementor-widget elementor-widget-text-editor\" data-id=\"74faa7d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Third-party guarantees, pledges and security over assets or deposits.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/0cc3dea408d6edadcf30dcc612618c66-kafalah-in-a-murabahah-transaction\/\"><span style=\"font-weight: 400;\">Kafalah In A Murabahah Transaction<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/e10fe4e0c0027347c1ded4225f0083b1-mortgage-of-sold-goods-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Mortgage of Sold Goods in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Dubai Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/bac1ba2bde6d26828e78478e958e9e86-presentation-of-cheques-bonds-and-the-like-as-guarantee-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Presentation of Cheques, Bonds and the Like as Guarantee in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House, Al Baraka Banking Group<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-63d1ccf elementor-widget elementor-widget-heading\" data-id=\"63d1ccf\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Purchase deposits and earnest money\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3c3ff1 elementor-widget elementor-widget-text-editor\" data-id=\"b3c3ff1\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Advance payments, deposits and related purchase undertakings.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/fa29634c101f3fd3f6fbca59c4a6ed4f-a-purchase-undertaking-and-earnest-money-for-murabahah\/\"><span style=\"font-weight: 400;\">A Purchase Undertaking and Earnest Money for Murabahah<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/8db24df42d2c9d6af9f6435feee622a4-the-buyer-pre-signs-a-murabahah-contract-and-deposits-an-advance-payment-before-the-seller-buys-the-goods\/\"><span style=\"font-weight: 400;\">The Buyer Pre-Signs a Murabahah Contract and Deposits an Advance Payment before the Seller Buys the Goods<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/3ed81ef806d4ce81c0b0c757ff11298f-can-the-customer-of-a-murabaha-car-sale-use-the-trade-in-price-of-his-old-car-as-the-down-payment-for-the-new-car\/\"><span style=\"font-weight: 400;\">Can the Customer of a Murabaha Car Sale Use the Trade-In Price of His Old Car as the Down Payment for the New Car?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8e85c11 elementor-widget elementor-widget-heading\" data-id=\"8e85c11\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">8. Late payment and debt rescheduling\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-0ea3472 elementor-widget elementor-widget-text-editor\" data-id=\"0ea3472\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">This research trail separates <\/span><b>late-payment problems<\/b><span style=\"font-weight: 400;\"> from <\/span><b>restructuring or changing payment schedules<\/b><span style=\"font-weight: 400;\">.<\/span><\/p><p><b>Free reference:<\/b><a href=\"https:\/\/ifikr.my\/ms\/resources\/murabahah-file20131223_s_o_0001-pdf\/\"> <span style=\"font-weight: 400;\">BNM&#8217;s Murabahah Policy Document<\/span><\/a><span style=\"font-weight: 400;\"> provides a Malaysian policy starting point. Specific Fatwa conclusions must still be checked in their full text.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-12a2e81 elementor-widget elementor-widget-heading\" data-id=\"12a2e81\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Default, delays and penalties\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-88cb7f9 elementor-widget elementor-widget-text-editor\" data-id=\"88cb7f9\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Cases involving arrears, delayed payment and penalty clauses.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/8c8c78233b7d33aba5e4a3c1eb206d42-default-in-payment-of-murabaha-debt\/\"><span style=\"font-weight: 400;\">Default in Payment of Murabaha Debt<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/87e4b6d50ad83be3872130c8dfc413e5-delayed-payments-in-a-murabahah-contract\/\"><span style=\"font-weight: 400;\">Delayed Payments In A Murabahah Contract<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Al Barakah of Sudan<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/ecc8d9c9c9f047263c2e4e848b22f0fb-a-penalty-clause-for-delay-in-a-murabahah-contract\/\"><span style=\"font-weight: 400;\">A Penalty Clause for Delay in a Murabahah Contract<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b05923 elementor-widget elementor-widget-heading\" data-id=\"6b05923\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Rescheduling and instalments\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-74a83ad elementor-widget elementor-widget-text-editor\" data-id=\"74a83ad\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Extending Murabahah periods or settling amounts in instalments.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/0448bbf52ba7e91693aa8ec4869743dd-extension-of-murabahah-period\/\"><span style=\"font-weight: 400;\">Extension of Murabahah Period<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Arab Banking Corporation<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/d1dbbc5f51bc4f8b56cb2e94688a18e0-solutions-to-settle-the-murabaha-debt\/\"><span style=\"font-weight: 400;\">Solutions to Settle the Murabaha Debt<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House, Al Baraka Banking Group<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/b90dd532feb425ca70a3cefbc8996ee6-advancing-instalments-in-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Advancing Instalments in Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House, Qatar Islamic Bank, Islamic Bank of Western Sudan, International Islamic Bank<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-691bf78 elementor-widget elementor-widget-heading\" data-id=\"691bf78\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">9. Early settlement, cancellation and returns<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c6cdde5 elementor-widget elementor-widget-text-editor\" data-id=\"c6cdde5\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Find records about <\/span><b>rebates (ibra&#8217;)<\/b><span style=\"font-weight: 400;\">, termination and what happens when the goods or transaction are returned or changed.<\/span><\/p><p><b>Free reference:<\/b><a href=\"https:\/\/ifikr.my\/ms\/resources\/aaoifi-shariah-standard-no-8-murabahah-revised-standard-filess-8-murabahah-pdf\/\"> <span style=\"font-weight: 400;\">AAOIFI Shari&#8217;ah Standard No. 8<\/span><\/a><span style=\"font-weight: 400;\"> provides a starting point for studying settlement provisions where adopted. The cases below concern particular questions.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-8a19d80 elementor-widget elementor-widget-heading\" data-id=\"8a19d80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Early settlement and ibra'\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-9a1ba07 elementor-widget elementor-widget-text-editor\" data-id=\"9a1ba07\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Rebates or discounts connected with early payment.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/381a96eecea3476d4bd79220c503209a-is-it-allowed-to-give-a-discount-ibra-to-a-client-who-bought-a-land-through-murabahah-and-wishes-to-settle-his-debt-early\/\"><span style=\"font-weight: 400;\">Is it allowed to give a discount (Ibra) to a client who bought a land through Murabahah and wishes to settle his debt early?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/c562bf4c7a2adfcd44ee1a24a009d59f-is-it-permissible-to-give-an-unconditional-rebate-to-murabahah-costomers\/\"><span style=\"font-weight: 400;\">Is it permissible to give an unconditional rebate to Murabahah costomers?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/2fd915b83180a9d43a63b3a83e539a4a-rounding-up-the-profit-rate-if-a-murabahah-deal-is-paid-off-earlier-than-agreed\/\"><span style=\"font-weight: 400;\">Rounding up the Profit Rate if a Murabahah Deal is Paid off Earlier than Agreed<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a4938c8 elementor-widget elementor-widget-heading\" data-id=\"a4938c8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Cancellation and termination\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-f391d4c elementor-widget elementor-widget-text-editor\" data-id=\"f391d4c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Costs, entitlements and procedures if a Murabahah agreement is cancelled.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/5c5712c36d80fa5b1c80c19bc185fd65-cancelling-a-murabahah-contract\/\"><span style=\"font-weight: 400;\">Cancelling A Murabahah Contract<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Faisal Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/24810379985ce5c2fac3efd6e5d86272-bearing-of-the-expenses-incurred-before-the-cancellation-of-murabahah-transactions\/\"><span style=\"font-weight: 400;\">Bearing of the Expenses Incurred before the Cancellation of Murabahah Transactions<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Qatar Islamic Bank<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/86f6c9ea70cbe862990150144e206532-eligibility-of-the-bank-in-part-of-the-profit-in-the-event-of-the-cancellation-of-the-murabahah-transaction\/\"><span style=\"font-weight: 400;\">Eligibility of the Bank in Part of the Profit in the Event of the Cancellation of the Murabahah Transaction<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Dubai Islamic Bank<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-54027f3 elementor-widget elementor-widget-heading\" data-id=\"54027f3\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Returns and subsequent transactions\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-740ea0e elementor-widget elementor-widget-text-editor\" data-id=\"740ea0e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Returning sold goods and subsequent contractual arrangements.<\/span><\/p><p><b>Related I-FIKR Fatwas (Premium access):<\/b><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/db1f863afc1959c3972314bac7ce0dd0-the-murabahah-purchaser-returns-goods-to-the-original-seller\/\"><span style=\"font-weight: 400;\">The Murabahah Purchaser Returns Goods to the Original Seller<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/ifikr.my\/ms\/resources\/c9eb4bb6f13b4390863cd6d507fedb9f-is-it-permissible-for-the-buyer-in-murabahah-to-agree-with-the-original-seller-to-return-the-goods-if-all-of-some-were-not-sold\/\"><span style=\"font-weight: 400;\">Is It Permissible for the Buyer in Murabahah to Agree with the Original Seller to Return the Goods If All of Some Were Not Sold?<\/span><\/a><span style=\"font-weight: 400;\"> \u2014 <\/span><i><span style=\"font-weight: 400;\">Kuwait Finance House<\/span><\/i><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-5201ea0 elementor-widget elementor-widget-heading\" data-id=\"5201ea0\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Standards, policy documents and further research\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6bece30 elementor-widget elementor-widget-text-editor\" data-id=\"6bece30\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b>For a quick free reading path, see Free Research Starting Points above.<\/b><span style=\"font-weight: 400;\"> The references below are grouped by source type. Standards, academic research and institutional Fatwas do not carry the same authority.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3f950ca elementor-widget elementor-widget-image\" data-id=\"3f950ca\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" width=\"980\" height=\"551\" src=\"https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-fatwas-shariah-standards-academic-research-1024x576.png\" class=\"attachment-large size-large wp-image-32882\" alt=\"Comparison infographic showing the roles of institutional fatwas, Shariah standards and policy documents, and academic research in Murabahah studies.\" srcset=\"https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-fatwas-shariah-standards-academic-research-1024x576.png 1024w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-fatwas-shariah-standards-academic-research-300x169.png 300w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-fatwas-shariah-standards-academic-research-768x432.png 768w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-fatwas-shariah-standards-academic-research-1536x864.png 1536w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-fatwas-shariah-standards-academic-research-18x10.png 18w, https:\/\/ifikr.my\/wp-content\/uploads\/2026\/11\/murabahah-fatwas-shariah-standards-academic-research.png 1672w\" sizes=\"(max-width: 980px) 100vw, 980px\" \/>\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-04b258b elementor-widget elementor-widget-heading\" data-id=\"04b258b\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Shariah standards and Malaysian policy\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d81747a elementor-widget elementor-widget-text-editor\" data-id=\"d81747a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Regulation &amp; Resolution (AAOIFI, Free):<\/b><a href=\"https:\/\/ifikr.my\/ms\/resources\/aaoifi-shariah-standard-no-8-murabahah-revised-standard-filess-8-murabahah-pdf\/\"> <span style=\"font-weight: 400;\">AAOIFI Shari\u2019ah Standard No. (8): Murabahah (Revised Standard)<\/span><\/a><span style=\"font-weight: 400;\">. Its publicly readable I-FIKR record includes the Murabahah standard text.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Regulation &amp; Resolution (Bank Negara Malaysia, Free):<\/b><a href=\"https:\/\/ifikr.my\/ms\/resources\/murabahah-file20131223_s_o_0001-pdf\/\"> <span style=\"font-weight: 400;\">Murabahah<\/span><\/a><span style=\"font-weight: 400;\">. The 23 December 2013 Murabahah Policy Document (BNM\/RH\/STD 028-4) is also listed on<\/span><a href=\"https:\/\/www.bnm.gov.my\/banking-islamic-banking\"> <span style=\"font-weight: 400;\">BNM\u2019s official policy-document index<\/span><\/a><span style=\"font-weight: 400;\">. Verify current applicability and related amendments before relying on it.<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b58c16 elementor-widget elementor-widget-heading\" data-id=\"6b58c16\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Academic literature and related research\n<\/h3>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6c02358 elementor-widget elementor-widget-text-editor\" data-id=\"6c02358\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<ul><li style=\"font-weight: 400;\" aria-level=\"1\"><b>Research Paper (Import financing, Premium):<\/b><a href=\"https:\/\/ifikr.my\/ms\/resources\/irp-115-istijrar-an-alternative-solution-to-muraba%e1%b8%a5ah-based-import-financing-facilities-under-letter-of-credit-i-in-malaysia-fileirp-115-istijrar-an-alternative-solution-to-muraba\/\"> <span style=\"font-weight: 400;\">IRP 115 &#8211; Istijr\u0101r: An Alternative Solution to Mur\u0101ba\u1e25ah-based Import Financing Facilities under Letter of Credit-i in Malaysia<\/span><\/a><span style=\"font-weight: 400;\">. A related study exploring Istijrar as an alternative to Murabahah-based import financing.<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><b>English Journal (Financing and bank performance, Free):<\/b><a href=\"https:\/\/ifikr.my\/ms\/resources\/islamic-banks-profit-and-violations-inmuraba%e1%b8%a5ah-financing\/\"> <span style=\"font-weight: 400;\">ISLAMIC BANKS\u2019 PROFIT AND VIOLATIONS IN MUR\u0100BA\u1e24AH FINANCING<\/span><\/a><span style=\"font-weight: 400;\">. The I-FIKR page displays the author, year and abstract.<\/span><\/li><\/ul><p><b>Explore the source collections:<\/b><span style=\"font-weight: 400;\"> Find additional publications in I-FIKR&#8217;s<\/span><a href=\"https:\/\/ifikr.my\/ms\/resources\/category\/english-journal\/\"> <span style=\"font-weight: 400;\">English Journal collection<\/span><\/a><span style=\"font-weight: 400;\"> dan<\/span><a href=\"https:\/\/ifikr.my\/ms\/resources\/category\/research-paper\/\"> <span style=\"font-weight: 400;\">Research Paper collection<\/span><\/a><span style=\"font-weight: 400;\">. These collections cover a wider range of Islamic finance topics, not just Murabahah. To browse books, articles, industry reports and other categories, use<\/span><a href=\"https:\/\/ifikr.my\/ms\/resources\/\"> <span style=\"font-weight: 400;\">All Resources<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-c0fbb0e elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"c0fbb0e\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-054ac3a elementor-widget elementor-widget-text-editor\" data-id=\"054ac3a\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Looking for the policy and Shariah standards behind these research questions? Explore I-FIKR\u2019s<\/span><a href=\"https:\/\/ifikr.my\/ms\/resources\/category\/standard-and-guideline\/\"> <span style=\"font-weight: 400;\">Regulation &amp; Resolution collection<\/span><\/a><span style=\"font-weight: 400;\"> for related primary reference documents.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a17afed elementor-widget-divider--view-line elementor-widget elementor-widget-divider\" data-id=\"a17afed\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"divider.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-divider\">\n\t\t\t<span class=\"elementor-divider-separator\">\n\t\t\t\t\t\t<\/span>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-d162064 elementor-widget elementor-widget-heading\" data-id=\"d162064\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Why Use I-FIKR for Islamic Finance Research?\n<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-247393d elementor-widget elementor-widget-text-editor\" data-id=\"247393d\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>I-FIKR brings authoritative Shariah and Islamic finance references together in one platform.<\/p><ul><li><b>Institutionally curated:<\/b> Content is curated by ISRA Institute and INCEIF University, not crowdsourced.<\/li><li><b>Regulatory sources in one place:<\/b> Documents from Bank Negara Malaysia (BNM), the Securities Commission Malaysia (SC) and AAOIFI sit alongside fatwas, journals and industry reports.<\/li><li><b>Arabic made accessible:<\/b> Selected Arabic materials are translated into English.<\/li><li><b>Start free:<\/b> Registration costs nothing, and new accounts get a three-day <a href=\"https:\/\/ifikr.my\/ms\/register\/\">Premium trial<\/a> with no payment card.<\/li><li><b>Access for teams:<\/b> The <a href=\"https:\/\/ifikr.my\/ms\/corporate-plan-contact-form\/\">Pelan Korporat<\/a> offers institutional accounts, onboarding and usage reports on request.<\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-a39e783 elementor-cta--skin-cover elementor-animated-content elementor-bg-transform elementor-bg-transform-zoom-in elementor-widget elementor-widget-call-to-action\" data-id=\"a39e783\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"call-to-action.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-cta\">\n\t\t\t\t\t<div class=\"elementor-cta__bg-wrapper\">\n\t\t\t\t<div class=\"elementor-cta__bg elementor-bg\" style=\"background-image: url(https:\/\/ifikr.my\/wp-content\/uploads\/2026\/01\/top-banner-slider-1024x585.jpg);\" role=\"img\" aria-label=\"top-banner-slider\"><\/div>\n\t\t\t\t<div class=\"elementor-cta__bg-overlay\"><\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t<div class=\"elementor-cta__content\">\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__title elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tExplore Institutional Murabahah Fatwas\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__description elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t\tGo beyond the research guide. Access Premium fatwa records on I-FIKR with a 3-day trial.\t\t\t\t\t<\/div>\n\t\t\t\t\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-cta__button-wrapper elementor-cta__content-item elementor-content-item elementor-animated-item--grow\">\n\t\t\t\t\t<a class=\"elementor-cta__button elementor-button elementor-size-\" href=\"https:\/\/ifikr.my\/ms\/register\/\">\n\t\t\t\t\t\tStart free trial\t\t\t\t\t<\/a>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2efd66c elementor-widget elementor-widget-heading\" data-id=\"2efd66c\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">Frequently Asked Questions<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-b3108fd elementor-widget elementor-widget-n-accordion\" data-id=\"b3108fd\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;default_state&quot;:&quot;expanded&quot;,&quot;max_items_expended&quot;:&quot;one&quot;,&quot;n_accordion_animation_duration&quot;:{&quot;unit&quot;:&quot;ms&quot;,&quot;size&quot;:400,&quot;sizes&quot;:[]}}\" data-widget_type=\"nested-accordion.default\">\n\t\t\t\t\t\t\t<div class=\"e-n-accordion\" aria-label=\"Accordion. Open links with Enter or Space, close with Escape, and navigate with Arrow Keys\">\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1870\" class=\"e-n-accordion-item\" open>\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"1\" tabindex=\"0\" aria-expanded=\"true\" aria-controls=\"e-n-accordion-item-1870\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> What is murabahah in Islamic banking? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1870\" class=\"elementor-element elementor-element-8860b51 e-con-full e-flex e-con e-child\" data-id=\"8860b51\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1870\" class=\"elementor-element elementor-element-3c2b543 e-flex e-con-boxed e-con e-child\" data-id=\"3c2b543\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-a2def93 elementor-widget elementor-widget-text-editor\" data-id=\"a2def93\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b>Murabahah<\/b><span style=\"font-weight: 400;\"> (also spelt <\/span><i><span style=\"font-weight: 400;\">murabaha<\/span><\/i><span style=\"font-weight: 400;\">) is a sale with disclosed acquisition cost and mark-up (BNM 028-4, para 10.1). In <\/span><b>MPO<\/b><span style=\"font-weight: 400;\">, a bank acquires an asset at a customer\u2019s request before selling it to that customer on Murabahah terms.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1871\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"2\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1871\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Which BNM document governs murabahah? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1871\" class=\"elementor-element elementor-element-e051ac6 e-con-full e-flex e-con e-child\" data-id=\"e051ac6\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1871\" class=\"elementor-element elementor-element-1621501 e-flex e-con-boxed e-con e-child\" data-id=\"1621501\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-ec18907 elementor-widget elementor-widget-text-editor\" data-id=\"ec18907\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b>BNM\/RH\/STD 028-4<\/b><span style=\"font-weight: 400;\">, issued on 23 December 2013 and effective from 1 January 2014, superseded the 2009 Shariah Parameter Reference 1 on Murabahah (para 7.1). Research citing the earlier document should take account of the later policy document and verify its current applicability.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1872\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"3\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1872\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> How does murabahah differ from musawamah? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1872\" class=\"elementor-element elementor-element-804089a e-con-full e-flex e-con e-child\" data-id=\"804089a\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1872\" class=\"elementor-element elementor-element-cc57f1c e-flex e-con-boxed e-con e-child\" data-id=\"cc57f1c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-f4a67eb elementor-widget elementor-widget-text-editor\" data-id=\"f4a67eb\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">In <\/span><b>Murabahah<\/b><span style=\"font-weight: 400;\">, the seller discloses acquisition cost and mark-up. In <\/span><b>musawamah<\/b><span style=\"font-weight: 400;\">, the parties agree on a price without requiring disclosure of the seller\u2019s cost, as<\/span><a href=\"https:\/\/archive.sbp.org.pk\/press\/Essentials\/Essentials%20of%20Islamic.htm\"> <span style=\"font-weight: 400;\">State Bank of Pakistan&#8217;s guidance on Islamic modes of finance<\/span><\/a><span style=\"font-weight: 400;\"> explains.<\/span><\/p><p><span style=\"font-weight: 400;\">Kuwait Finance House also has a record on<\/span><a href=\"https:\/\/ifikr.my\/ms\/resources\/d32a798b31dce4d6b8b2ebb4f6a81c3e-what-is-the-difference-between-musawamah-and-murabahah\/\"> <span style=\"font-weight: 400;\">the difference between musawamah and murabahah<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1873\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"4\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1873\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Is commodity murabahah the same as murabahah? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1873\" class=\"elementor-element elementor-element-d5d875c e-con-full e-flex e-con e-child\" data-id=\"d5d875c\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1873\" class=\"elementor-element elementor-element-d518373 e-flex e-con-boxed e-con e-child\" data-id=\"d518373\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-e4743f8 elementor-widget elementor-widget-text-editor\" data-id=\"e4743f8\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><b>Commodity Murabahah used for tawarruq<\/b><span style=\"font-weight: 400;\"> involves a separate arrangement and is outside this guide. The article\u2019s focus is classical Murabahah, including MPO.<\/span><\/p><p><span style=\"font-weight: 400;\">Researchers studying Tawarruq should consult a separate resource collection rather than treat the two structures as interchangeable.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t\t<details id=\"e-n-accordion-item-1874\" class=\"e-n-accordion-item\" >\n\t\t\t\t<summary class=\"e-n-accordion-item-title\" data-accordion-index=\"5\" tabindex=\"-1\" aria-expanded=\"false\" aria-controls=\"e-n-accordion-item-1874\" >\n\t\t\t\t\t<span class='e-n-accordion-item-title-header'><div class=\"e-n-accordion-item-title-text\"> Can I read the murabahah fatwas without a subscription? <\/div><\/span>\n\t\t\t\t\t\t\t<span class='e-n-accordion-item-title-icon'>\n\t\t\t<span class='e-opened' ><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-up\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M240.971 130.524l194.343 194.343c9.373 9.373 9.373 24.569 0 33.941l-22.667 22.667c-9.357 9.357-24.522 9.375-33.901.04L224 227.495 69.255 381.516c-9.379 9.335-24.544 9.317-33.901-.04l-22.667-22.667c-9.373-9.373-9.373-24.569 0-33.941L207.03 130.525c9.372-9.373 24.568-9.373 33.941-.001z\"><\/path><\/svg><\/span>\n\t\t\t<span class='e-closed'><svg aria-hidden=\"true\" class=\"e-font-icon-svg e-fas-chevron-down\" viewbox=\"0 0 448 512\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\"><path d=\"M207.029 381.476L12.686 187.132c-9.373-9.373-9.373-24.569 0-33.941l22.667-22.667c9.357-9.357 24.522-9.375 33.901-.04L224 284.505l154.745-154.021c9.379-9.335 24.544-9.317 33.901.04l22.667 22.667c9.373 9.373 9.373 24.569 0 33.941L240.971 381.476c-9.373 9.372-24.569 9.372-33.942 0z\"><\/path><\/svg><\/span>\n\t\t<\/span>\n\n\t\t\t\t\t\t<\/summary>\n\t\t\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1874\" class=\"elementor-element elementor-element-eff3615 e-con-full e-flex e-con e-child\" data-id=\"eff3615\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t<div role=\"region\" aria-labelledby=\"e-n-accordion-item-1874\" class=\"elementor-element elementor-element-6f66d80 e-flex e-con-boxed e-con e-child\" data-id=\"6f66d80\" data-element_type=\"container\" data-e-type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-b13b202 elementor-widget elementor-widget-text-editor\" data-id=\"b13b202\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p><span style=\"font-weight: 400;\">Visitors can view record titles and issuer details. The <\/span><b>fatwas linked in this guide are Premium<\/b><span style=\"font-weight: 400;\">, while selected standards and research materials are publicly accessible.<\/span><\/p><p><span style=\"font-weight: 400;\">The listed Premium fatwas can be accessed through the platform\u2019s<\/span><a href=\"https:\/\/ifikr.my\/ms\/register\/\"> <span style=\"font-weight: 400;\">three-day trial<\/span><\/a><span style=\"font-weight: 400;\"> or a Premium subscription, subject to the current access terms.<\/span><\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/details>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>","protected":false},"featured_media":32885,"template":"","meta":{"_acf_changed":false},"insights-category":[248],"class_list":["post-32881","insight","type-insight","status-publish","has-post-thumbnail","hentry","insights-category-research-guide"],"acf":[],"_links":{"self":[{"href":"https:\/\/ifikr.my\/ms\/wp-json\/wp\/v2\/insight\/32881","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ifikr.my\/ms\/wp-json\/wp\/v2\/insight"}],"about":[{"href":"https:\/\/ifikr.my\/ms\/wp-json\/wp\/v2\/types\/insight"}],"version-history":[{"count":6,"href":"https:\/\/ifikr.my\/ms\/wp-json\/wp\/v2\/insight\/32881\/revisions"}],"predecessor-version":[{"id":32892,"href":"https:\/\/ifikr.my\/ms\/wp-json\/wp\/v2\/insight\/32881\/revisions\/32892"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ifikr.my\/ms\/wp-json\/wp\/v2\/media\/32885"}],"wp:attachment":[{"href":"https:\/\/ifikr.my\/ms\/wp-json\/wp\/v2\/media?parent=32881"}],"wp:term":[{"taxonomy":"insights-category","embeddable":true,"href":"https:\/\/ifikr.my\/ms\/wp-json\/wp\/v2\/insights-category?post=32881"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}