An Islamic bank has signed an Istisnah agreement with its customer for sale of a property (to be developed)‎ whereby the bank is the seller and the customer is the purchaser

السؤال

An Islamic bank has signed an Istisnah agreement with its customer for sale of a property (to be developed) whereby the bank is the seller and the customer is the purchaser. As per the agreement, the bank will deliver the property to the customer upon completion and the customer shall start payment of the Istisnah price in agreed installments. During the completion period, the customer has approached the bank with a request for certain modifications to the specifications of the property which shall result in increasing the cost of construction to the bank beyond the amount of Istisnah agreement. How should the bank handle the customer’s request ?

جواب الفتوى

أنقر هنالمشاهدة هذا المحتوى

الناشر

Islamic Finance News

تاريخ النشر

2013-08-07

دولة النشر

ماليزيا

التخصصات الرئيسية

العلوم الاقتصادية والمالية وإدارة الأعمال
الدراسات الإسلامية

نوع البيانات

فتاوى

لغة النص

الإنجليزية

رقم السجل

BIM-784601

• APA
• MLA
• AMA