Statement on Banning ... Date Added: 04-05-2023

A Statement on Calling for ... Date Added: 19-04-2023

Laylatul Qadr (The Night of ... Date Added: 17-04-2023

The Iftaa` Department ... Date Added: 12-04-2023

The Terrorist Crime in ... Date Added: 14-05-2023

Enemies Tarnished the Pure ... Date Added: 11-05-2023

Underestimating People of ... Date Added: 10-05-2023

The Hashemite Flag Date Added: 04-05-2023

Search Fatawaa

Subject : Ruling on the Murabaha Contract of the Development and Employment Fund

Fatwa Number : 3158

Date : 11-01-2016

Classified : Current Financial Issues

Fatwa Type : Search Fatawaa

Question :

What is the ruling of Sharia on the Murabaha contract of the Development and Employment Fund attached below?

The Answer :

All perfect praise be to Allah the Lord of the Worlds. May His peace and blessings be upon our Prophet Mohammad and upon all his family and companions.

The General Iftaa` Department has reviewed the attached Murabaha contract and purchase order for some of the transactions conducted by the Development and Employment Fund in relation to the productive projects of  the unemployed youth program in remote desert areas. After careful consideration, it was found out that the contract is free of any violations of Sharia, and, thus, agrees with  its provisions.

However, those in charge of the Fund are responsible for the fulfillment of all the terms of the contract as well as the application of the practical terms of Islamic Murabah, as explained in fatwa No. (683). The most important of which is non sufficing with deputizing the client to purchase the commodities on behalf of the establishment/bank, as pointed out earlier in fatwa No. (2689).

We (Iftaa` Department) recommend appointing a Sharia supervisor on permanent basis to be able to follow up all contracts and procedures executed by the Fund to ensure correct application. And Allah the Almighty knows best.




Name *

E. mail Address *


Comment Title *

Comment *


Warning: this window is not dedicated to receive religious questions, but to comment on topics published for the benefit of the site administrators—and not for publication. We are pleased to receive religious questions in the section "Send Your Question". So we apologize to readers for not answering any questions through this window of "Comments" for the sake of work organization. Thank you.