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Published June 30, 2023 | Version v1
Journal article Open

مرابحہ کی مالی دستاویزات اور ان کاشرعی حکم

  • 1. Ph.D. Research Scholar, Department of Quran & Sunnah, University of Karachi.
  • 2. Ph.D. Research Scholar, Department of Usooluddin, University of Karachi.
  • 3. Assistant Professor, Al Ghazali University, Jamiat-ur-Rasheed, Karachi.

Description

Murabaha is the most popular and widely used method in Islamic banking. Which can be conveniently used for interest free commercial transactions. Murabaha means "selling at a profit or giving someone a profit on his property."

Murabaha is an Islamic business method in which the seller of the product explains the actual cost of his product to the customer and also explains his desired profit from above. If the true cost of the item is not disclosed to the customer or is concealed, then the Murabaha becomes invalid.

In this article, the different forms of Murabaha in which Client’s application, general agreement of Facility agreement, Local purchase order, Bank’s Instructions to the agent, Confirmation of purchase, offer to purchase, Schedule of payment of purchase price, Promissory note etc. It has been mentioned in detail.

Files

09. Bader, Shakeel, Naseer.pdf

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