عربي
03 ربيع الأول 1442  ,  20 October 2020

Glimpses on the Birth of ... Date Added: 19-11-2018

Lessons from the Birth ... Date Added: 19-11-2018

The Day of Ashura' Date Added: 19-09-2018

Inspirations from Hijrah Date Added: 16-09-2018

Prophet Mohammad (PBUH): ... Date Added: 07-11-2019

The Four Schools of Islamic ... Date Added: 30-09-2019

The Culture of Building Date Added: 03-02-2019

Mawlid: Revival of the ... Date Added: 19-11-2018

All Fatawaas

Ruling on Charging an Additional Amount against Delaying Payment 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
Ruling on Providing the Service of Paying University Fees on Instalments Using Murabaha 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
Ruling on Building Decorations for Stores through Murabaha What`s the ruling on financing stores' decorations through Murabaha sale/transaction? • Read More
Ruling on Financing Customs Duty through Murabaha 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
Validity of Murabaha Contract Depends on Meeting Certain Conditions Stipulated in Sharia

 

A trader has asked me to bring him goods from China since he doesn`t have the money to do so. He added me to a mortgage deed and I wrote him a post-dated cheque until we returned from that country. We have also agreed on a fixed percentage of profit. Accordingly, we went to China, he choose the goods, I paid for them and took responsibility of delivering them to Amman. Moreover, he gave me cheques that covered the whole amount I had given him, in addition to the profit. What is the ruling of Sharia on this transaction?

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