Does A Receipt In One’s Name Count As Possession Of The Item

Answer: Murabaha (in Islamic jurisprudence). To establish possession, it is not necessary to take the motorcycle home for a day or two. It is sufficient that ..

Ruling On Investing With A Condition Of Two Riyals Profit Per Piece

Answer: Murabaha". If the full amount has not yet been received, and only a portion has been collected, and Bakr wishes to reinvest this collected amount in t..

Ruling On Quoting A Higher Price To The Customer

Answer: murabaha sale, you are not allowed to hide the actual price at which you purchased the item. Therefore, in such a case, you must disclose the real pri..

Purchasing Business Goods On Credit Instead Of Borrowing Money

Answer: Murabaha transaction prevalent in banks. The decision will be taken after examining the case and conditions of the bank. وَاللہُ اَعْلَمُ عَزَّوَجَلّ..

Is Credit Sale of Gold Permissible Instead of a Loan?

Answer: Murabaha contract, in which the seller discloses his profit to the buyer. A Murabaha contract can also be conducted on credit. However, it is esse..