Iftaa' Department

19 ربيع الآخرة 1441 , 16 كانون الأول 2019

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Summarized Fatawaa

I have purchased a car through an Islamic bank on basis of Murabaha and I want to delay paying off next month`s installment. However, the bank employee told me that I have to pay ten JDs as a fee. Is this permissible? • Read More

Is it permissible for a staff provident fund to provide its members with the service of paying their university fees on instalments using Murabah? • Read More

What`s the ruling on financing stores' decorations through Murabaha sale/transaction? • Read More

What is the ruling on financing customs duty, levied on imported products, through Murabaha as done by some Islamic banks which sell goods to customer through a Murabaha contract, then offer covering the due customs through Murabaha as well and for the same percentage of the first contract? • Read More

Is it permissible for the financer to collect Murabaha(Resale with a stated profit) against conducting Feasibility studies? • Read More